A Habermasian model of stakeholder (non)engagement and corporate (ir)responsibility reporting

Barone, E., Ranamagar, N. and Solomon, J. F. (2013) A Habermasian model of stakeholder (non)engagement and corporate (ir)responsibility reporting. Accounting Forum, 37 (3). pp. 163-181. ISSN 0155-9982 doi: 10.1016/j.accfor.2012.12.001

Abstract/Summary

Inspired by Habermas’ works, we develop a prescriptive conceptual model of stakeholder engagement and corporate social responsibility (CSR) reporting against which empirical descriptions can be compared and contrasted. We compare the high profile case of Kraft's takeover of Cadbury with the conceptual model to illustrate the gap between an ideal speech situation and practice. The paper conducts a desk study of documents relating to the takeover and interviews with stakeholders from the local community to gauge their views of stakeholder engagement and CSR reporting by Cadbury/Kraft. The findings lead to policy recommendations for enhancing stakeholder accountability through improved steering mechanisms.