The key to increasing firm value is good stakeholder relationships. Sinziana Dorobantu, Assistant Professor of Management and Organizations at New York University’s Stern School of Business, explained how specific stakeholder governance mechanisms, such as community benefits agreements signed by firms and local communities, affect firm value.
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She was the keynote speaker at an event called Valuing Stakeholder Governance on January 13, hosted by Ivey’s Energy Policy and Management Centre. Dorobantu presented her paper, Valuing Stakeholder Governance: Property Rights, Stakeholder Mobilization, and the Value of Community Benefits Agreements, and discussed how community benefits agreements minimize the social conflict that disrupts access to valuable resources.
