510
Views
1
CrossRef citations to date
0
Altmetric
Articles

Stakeholders in annual reports under ownership concentration: a historical case of a Spanish brewery company

&
Pages 57-81 | Received 30 Sep 2015, Accepted 25 Feb 2016, Published online: 23 Mar 2016

References

  • Primary sources
  • Archive of Heineken España, SA Jaén Factory (formerly El Alcázar, SA).
  • – Articles of Association. Madrid, 28 February 1928.
  • – Management reports (MR), 1957–1992.
  • – Minutes of the Board of Directors (MBD), 1928–1993.
  • – Minutes of the Shareholder General Meeting (MSGM), 1929–1993.
  • Provincial Historical Archive of Jaén. Administración Central (5), Hacienda, Sociedades. N. 47.570. Administración Central (5), Hacienda, Balances. N. 20.104.
  • – El Alcázar, SA. Management reports (MR), 1929–1956.
  • Secondary sources
  • Adams, M., and P. Hardwick. 1998. “An Analysis of Corporate Donations: UK Evidence.” Journal of Management Studies 35 (4): 641–654. doi: 10.1111/1467-6486.00113
  • AEPJ. 1993. Anuario Estadístico de la Provincia de Jaén, 1992. Jaén: Diputación Provincial de Jaén–Instituto de Estudios Giennenses.
  • Agudo-Valiente, J. M., C. Garcés-Ayerbe, and M. Salvador-Figueras. 2015. “Corporate Social Performance and Stakeholder Dialogue Management.” Corporate Social Responsibility and Environmental Management 22 (1): 13–31. doi: 10.1002/csr.1324
  • Ajinkya, B., S. Bhojraj, and P. Sengupta. 2005. “The Association Between Outside Directors, Institutional Investors and the Properties of Management Earnings Forecasts.” Journal of Accounting Research 43 (3): 343–376. doi: 10.1111/j.1475-679x.2005.00174.x
  • Badosa Pagés, J. 2005. “La Adhesión de España a la CEE.” Información Comercial Española, ICE: Revista de Economía 826: 99–106.
  • Baños Sánchez-Matamoros, J., F. Gutiérrez Hidalgo, C. Álvarez-Dardet Espejo, and F. Carrasco Fenech. 2005. “Govern(mentality) and Accounting: the Influence of Different Enlightenment Discourses in two Spanish Cases (1761–1777).” Abacus 41 (2): 181–210. doi: 10.1111/j.1467-6281.2005.00175.x
  • Boesso, G., and K. Kumar. 2007. “Drivers of Corporate Voluntary Disclosure: A Framework and Empirical Evidence from Italy and the United States.” Accounting, Auditing and Accountability Journal 20 (2): 269–296. doi: 10.1108/09513570710741028
  • Bouma, J. J., and N. Kamp-Roelands. 2000. “Stakeholders’ Expectations of an Environmental Management System: Some Exploratory Research.” European Accounting Review 9 (1): 131–144. doi: 10.1080/096381800407987
  • Brammer, S., and A. Millington. 2004. “The Development of Corporate Charitable Contributions in the UK: A Stakeholder Analysis.” Journal of Management Studies 41 (8): 1411–1434. doi: 10.1111/j.1467-6486.2004.00480.x
  • Brown, J. A. 2000. “Competing Ideologies in the Accounting and Industrial Relations Environment.” British Accounting Review 32 (1): 43–75. doi: 10.1006/bare.1999.0118
  • Burgstahler, D. C., Hail, L., and Leuz, C. 2006. “The Importance of Reporting Incentives: Earnings Management in European Private and Public Firms.” Accounting Review 81 (5): 983–1016. doi: 10.2308/accr.2006.81.5.983
  • Camara, M., Chamorro, E., and Moreno, A. 2009. “Stakeholder Reporting: The Spanish Tobacco Monopoly (1887–1986).” European Accounting Review 18 (4): 697–717. doi: 10.1080/09638180902863753
  • Campbell, D. 2004. “A Longitudinal and Cross-sectional Analysis of Environmental Disclosure in UK Companies: A Research Note.” British Accounting Review 36 (1): 107–117. doi: 10.1016/j.bar.2003.09.001
  • Campbell, D., G. Moore, and P. Shrives. 2006. “Cross-sectional Effects in Community Disclosure.” Accounting, Auditing and Accountability Journal 19 (1): 96–114. doi: 10.1108/09513570610651966
  • Carmona, S., E. Ezzamel, and F. Gutiérrez. 2002. “The Relationship between Accounting and Spatial Practices in the Factory.” Accounting, Organizations and Society 27 (3): 239–274. doi: 10.1016/S0361-3682(01)00028-9
  • Carreras, A., and X. Tafunell. 1994. “Notas Sobre la Evolución de la Gran Empresa en España.” In Introducción a la Historia de la Empresa en España, edited by G. Nuñez and L. Segreto, 89–114. Madrid: Abacus.
  • Carroll, A. B. 1979. “A Three Dimensional Conceptual Model of Corporate Social Performance.” Academy of Management Review 4 (4): 497–505.
  • Carroll, A. B. 1991. “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders.” Business Horizons 34 (4): 39–48. doi: 10.1016/0007-6813(91)90005-G
  • Clarkson, M. 1995. “A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance.” Academy of Management Review 20 (1): 92–117.
  • Clarkson, P. M., Overell, M. B., and Chapple, L. 2011. “Environmental Reporting and its Relation to Corporate Environmental Performance.” Abacus 47 (1): 27–60. doi: 10.1111/j.1467-6281.2011.00330.x
  • Clatworthy, M., and Jones, M. J. 2003. “Financial Reporting of Good News and Bad News: Evidence from Accounting Narratives.” Accounting and Business Research 33 (3): 171–185. doi: 10.1080/00014788.2003.9729645
  • Cobbin, P., G. Dean, C. Esslemont, P. Ferguson, M. Keneley, B. Potter, and B. West. 2013. “Enhancing the Accessibility of Accounting and Business Archives: The Role of Technology in Informing Research in Accounting and Business.” Abacus 49 (3): 396–422.
  • Comellas, J. L. 1990. Historia de España Contemporánea. Madrid: Rialp.
  • Cormier, D., W. Aerts, M.-J. Ledoux, and M. Magnan. 2010. “Web-based Disclosure about Value Creation Processes: A Monitoring Perspective.” Abacus 46 (3): 320–347. doi: 10.1111/j.1467-6281.2010.00321.x
  • Cowen, S. S., L. B. Ferreri, and L. D. Parker. 1987. “The Impact of Corporate Characteristics on Social Responsibility Disclosure: A Typology and Frequency-based Analysis.” Accounting, Organizations and Society 12 (2): 111–122. doi: 10.1016/0361-3682(87)90001-8
  • Deegan, C., and B. Gordon. 1996. “A Study of the Environmental Disclosure Policies of Australian Corporations.” Accounting and Business Research 26 (3): 187–199. doi: 10.1080/00014788.1996.9729510
  • Donaldson, T., and L. Preston. 1995. “The Stakeholder Theory of the Corporation: Concepts, Evidence, Implications.” Academy of Management Review 20 (1): 65–91.
  • El Alcázar. 1984. El Alcázar. Informe Económico Social. Año 1983. Jaén: Artes Gráficas.
  • Eng, L. L., and Y. T. Mak. 2003. “Corporate Governance and Voluntary Disclosure.” Journal of Accounting and Public Policy 22 (4): 325–345. doi: 10.1016/S0278-4254(03)00037-1
  • Fogarty, J. 2010. “The Demand for Beer, Wine and Spirits: A Survey of the Literature.” Journal of Economic Surveys 24 (3): 428–478.
  • Freeman, R. E. 1984. Strategic Management: A Stakeholders Approach. Boston, MA: Pitman.
  • Freeman, R. E., J. S. Harrison, A. C. Wicks, B. L. Parmar, and S. de Colle. 2010. Stakeholder Theory: The State of the Art. Cambridge, MA: Cambridge University Press.
  • Friedman, A. L., and S. Miles. 2006. Stakeholders: Theory and Practice. Oxford: Oxford University Press.
  • Frooman, J. 1999. “Stakeholder Influence Strategies.” Academy of Management Review 24 (2): 191–205.
  • Funnell, W., and S. P. Walker. 2014. “Accounting for Victory.” Accounting History Review 24 (2/3): 57–60. doi: 10.1080/21552851.2014.970799
  • García Ruiz, J. L., and C. Laguna Roldán. 1999. Cervezas Mahou, 1890–1998. Un Siglo de Tradición e Innovación. Madrid: LID.
  • Gephart, R. P. 2004. “Qualitative Research and the Academy of Management Journal.” Academy of Management Journal 47 (4): 454–462. doi: 10.5465/AMJ.2004.14438580
  • Godfrey, P. C. 1995. “The Relationship between Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective.” Academy of Management Review 30 (4): 777–798. doi: 10.5465/AMR.2005.18378878
  • Goodpaster, K. E. 1991. “Business Ethics and Stakeholder Analysis.” Business Ethics Quarterly 1 (1): 53–71.
  • Gray, R. 2002. “The Social Accounting Project and Accounting, Organizations and Society – Privileging Engagement, Imaginings, new Accountings and Pragmatism.” Accounting, Organizations and Society 27 (7): 687–708. doi: 10.1016/S0361-3682(00)00003-9
  • Gray, R., C. Dey, D. Owen, R. Evans, and S. Zadek. 1997. “Struggling with the Praxis of Social Accounting: Stakeholders, Accountability, Audits and Procedures.” Accounting, Auditing and Accountability Journal 10 (3): 325–364. doi: 10.1108/09513579710178106
  • Gray, R., D. Owen, and C. Adams. 1996. Accounting & Accountability: Changes and Challenges in Corporate Social and Environmental Reporting. London: Prentice Hall.
  • Habbershaw, R. 2009. El Vuelo del Águila. Madrid: LID.
  • Harrison, J. S., D. A. Bosse, and R. A. Phillips. 2010. “Managing for Stakeholders, Stakeholders Utility Functions and Competitive Advantage.” Strategic Management Journal 31 (1): 58–74. doi: 10.1002/smj.801
  • Hernández Armenteros, S. 1999. El Crecimiento Económico en una Región Atrasada, Jaén, 1850–1930. Jaén: Instituto de Estudios Giennenses.
  • Hillman, A. J., and G. D. Keim. 2001. “Shareholder Value, Stakeholder Management, and Social Issues: What’s the Bottom Line.” Strategic Management Journal 22 (2): 125–139. doi: 10.1002/1097-0266(200101)22:2<125::AID-SMJ150>3.0.CO;2-H
  • Hines, T. 1991. “The Wider Issues.” Certified Accountant (April): 38–41.
  • INE (Instituto Nacional de Estadística). 1962. Censo Industrial de España 1958. Madrid: Enumeración Previa de Localización.
  • INE (Instituto Nacional de Estadística). 1980. Censo Industrial de España 1978. Madrid: Establecimientos Industriales.
  • Jawahar, I. M., and G. L. McLaughlin. 2001. “Toward a Descriptive Stakeholder Theory: An Organizational Life Cycle Approach.” Academy of Management Review 26 (3): 397–414.
  • Jensen, M. 1989. “The Evidence Speaks Loud and Clear.” Harvard Business Review 67 (6): 186–188.
  • Johansen, T. R. 2010. “Employees, Non-financial Reports and Institutional Arrangements: A Study of Accounts in the Workplace.” European Accounting Review 19 (1): 97–130.
  • Johnson, G., and K. Scholes. 1993. Exploring Corporate Strategy. 3rd ed. New York, NY: Prentice Hall.
  • Joseph, G. 2012. “Ambiguous but Tethered: An Accounting Basis for Sustainability Reporting.” Critical Perspectives on Accounting 23 (2): 93–106. doi: 10.1016/j.cpa.2011.11.011
  • Laplume, A. O., K. Sonpar, and R. A. Litz. 2008. “Stakeholder Theory: Reviewing a Theory that Moves us.” Journal of Management 34 (6): 1152–1189. doi: 10.1177/0149206308324322
  • Leszczynska, A. 2012. “Towards Shareholders’ Value: An Analysis of Sustainability Reports.” Industrial Management & Data Systems 112 (6): 911–928. doi: 10.1108/02635571211238518
  • Magness, V. 2006. “Strategic Posture, Financial Performance and Environmental Disclosure: An Empirical Test of Legitimacy Theory.” Accounting, Auditing and Accountability Journal 19 (4): 540–563. doi: 10.1108/09513570610679128
  • Margolis, J. D., and J. P. Walsh. 2001. People and Profits? The Search for a Link between a Company’s Social and Financial Performance. Mahwah, NJ: Lawrence Erlbaum and Associates.
  • McInnes, B., V. Beattie, and J. Pierpoint. 2007. Communications Between Management and Stakeholders: A Case Study. London: ICAEW.
  • Meek, G. K., C. B. Roberts, and S. J. Gray. 1995. “Factors Influencing Voluntary Annual Report Disclosures by U.S., U.K. and Continental European Multinationals Corporations.” Journal of International Business Studies 26 (3): 555–572. doi: 10.1057/palgrave.jibs.8490186
  • Miles, R. E., C. C. Snow, A. D. Meyer, and H. J. Coleman Jr. 1978. “Organizational Strategy, Structure, and Process.” Academy of Management Review 3 (3): 546–562.
  • Mitchell, R. K., B. R. Agle, and D. J. Wood. 1997. “Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts.” Academy of Management Review 22 (4): 853–886.
  • Moreno, A. 2011. “Desarrollo de una Cervecera en una Región Poco Desarrollada a la Luz de sus Documentos Contables: El Alcázar (1928–93).” De Computis 15: 160–204.
  • Moreno, A. 2013. “El Sector Cervecero Español en el Siglo XX. Una Visión desde Dentro: El Alcázar.” Investigaciones de Historia Económica-Economic History Research 9 (3): 165–174. doi: 10.1016/j.ihe.2012.10.014
  • Moreno, A., and M. Cámara. 2014. “Evolution of the Information Content from the Institutional Perspective: El Alcázar Brewery (1928–1993).” Accounting History 19 (3): 369–398. doi: 10.1177/1032373214534653
  • Moreno, A., and A. Casasola. 2016. “A Readability Evolution of Narratives in Annual Reports: A Longitudinal Study of two Spanish Companies.” Journal of Business and Technical Communication 30 (2): 202–235. doi: 10.1177/1050651915620233
  • Neville, B. A., and B. Menguc. 2006. “Stakeholder Multiplicity: Toward an Understanding of the Interactions between Stakeholders.” Journal of Business Ethics 66 (4): 377–391. doi: 10.1007/s10551-006-0015-4
  • Nielsen, A. E., and C. Thomsen. 2007. “Reporting CSR – What and How to Say it?” Corporate Communications 12 (1): 25–40. doi: 10.1108/13563280710723732
  • Nukada, A. 1972. “Urbanization and Consumption of Alcoholic Beverages.” Journal of Human Ergology 1 (1): 29–44.
  • O’Dwyer, B., J. Unerman, and J. Bradley. 2005. “Perceptions on the Emergence and Future Development of Corporate Social Disclosure in Ireland: Engaging the Voices of Non-governmental Organisations.” Accounting, Auditing and Accountability Journal 18 (1): 14–43. doi: 10.1108/09513570510584647
  • O’Dwyer, B., J. Unerman, and E. Hession. 2005. “User Needs in Sustainability Reporting: Perspectives of Stakeholders in Ireland.” European Accounting Review 14 (4): 759–787. doi: 10.1080/09638180500104766
  • Parmar, B. L., R. E. Freeman, J. S. Harrison, A. C. Wicks, L. Purnell, and S de Colle. 2010. “Stakeholder Theory: The State of the Art.” Academy of Management Annals 4 (1): 403–445. doi: 10.1080/19416520.2010.495581
  • Phillips, R. A., R. E. Freeman, and A. C. Wicks. 2003. “What Stakeholder Theory is Not.” Business Ethics Quarterly 13 (4): 479–502. doi: 10.5840/beq200313434
  • Pleon. 2005. Accounting for Good: The Global Stakeholder Report 2005. Amsterdam: Pleon.
  • Quinn, M., and W. J. Jackson. 2014. “Accounting for War Risk Costs: Management Accounting Change at Guinness during the First World War.” Accounting History Review 24 (2/3): 191–209. doi: 10.1080/21552851.2014.963953
  • Roberts, R. W. 1992. “Determinants of Corporate Social Responsibility Disclosure: An Application of Stakeholder Theory.” Accounting, Organizations and Society 17 (6): 595–612. doi: 10.1016/0361-3682(92)90015-K
  • Rose, C., and C. Mejer. 2003. “The Danish Corporate Governance System: From Stakeholder Orientation towards Shareholder Value.” Corporate Governance: An International Review 11 (4): 335–344. doi: 10.1111/1467-8683.00331
  • Rowbottom, N., and A. Lymer. 2009. “Exploring the Use of Online Corporate Sustainability Information.” Accounting Forum 33 (2): 176–186. doi: 10.1016/j.accfor.2009.01.003
  • Scott, J. 1990. A Matter of Record – Documentary Sources in Social Research. Cambridge: Polity Press.
  • Scott, J. E. M., J. L. McKinnon, and G. L. Harrison. 2003. “Cash to Accrual and Cash to Accrual: A Case Study of Financial Reporting in two NSW Hospitals 1857 to post–1975.” Accounting, Auditing and Accountability Journal 16 (1): 104–140. doi: 10.1108/09513570310464309
  • Springer, J. D. 1999. “Corporate Law and Constituency Statutes: Hollow Hopes and False Fears.” New York University Annual Survey of American Law 56: 85–123.
  • Sweeney, L., and J. Coughlan. 2008. “Do Different Industries Report Corporate Social Responsibility Differently? An Investigation through the Lens of Stakeholder Theory.” Journal of Marketing Communications 14 (2): 113–124. doi: 10.1080/13527260701856657
  • Tamames Gómez, R. 2005. “La Autarquía Española y las Rémoras para El Crecimiento Económico Posterior.” Información Comercial Española, ICE: Revista de Economía 826: 13–24.
  • Tena Artigas, J. 1981. “El Analfabetismo en España, Hoy.” Revista de Educación 268: 291–297.
  • Trujillo García, A. 1987. “La Industria Cervecera en España.” Cerveza y Malta 93: 30–38.
  • Trujillo García, A. 1989. Dos Conferencias Sobre el Sector Cervecero Español. Jaén: Fondo de Publicaciones S.A. El Alcázar.
  • Ullmann, A. 1985. “Data in Search of a Theory: A Critical Examination of the Relationships among Social Performance, Social Disclosure, and Economic Performance of US Firms.” Academy of Management Review 10 (3): 540–557.
  • Unerman, J. 2000. “Methodological Issues: Reflections on Quantification in Corporate Social Reporting Content Analysis.” Accounting, Auditing and Accountability Journal 13 (5): 667–680. doi: 10.1108/09513570010353756
  • Van der Laan Smith, J., A. Adhikari, and R. H. Tondkar. 2005. “Exploring Differences in Social Disclosures Internationally: A Stakeholder Perspective.” Journal of Accounting and Public Policy 24 (2): 123–151. doi: 10.1016/j.jaccpubpol.2004.12.007
  • Wall, F., and D. Greiling. 2011. “Shareholder- Versus Stakeholder-Orientation in Managerial Decision-Making – Editorial by Guest Editors.” Review of Managerial Science 5 (2): 87–90. doi: 10.1007/s11846-011-0064-7
  • Wengraf, T. 2001. Qualitative Research Interviewing. London: Sage.
  • Wilmshurst, T. D., and G. R. Frost. 2000. “Corporate Environmental Reporting: A Test of Legitimacy Theory.” Accounting, Auditing and Accountability Journal 13 (1): 10–26. doi: 10.1108/09513570010316126
  • Woodward, D. G., P. Edwards, and F Birkin. 1996. “Organizational Legitimacy and Stakeholder Information Provision.” British Journal of Management 7 (4): 329–347. doi: 10.1111/j.1467-8551.1996.tb00123.x

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.