Cristian R Loza Adaui
Cologne Business School, Professorship for Sustainable Management and Corporate Social Responsibility, Faculty Member
Friedrich-Alexander-Universität Erlangen-Nürnberg, Wirtschaftwissenschaften, External lecturer (Lehrbeauftragter)
Cristian Loza Adaui is Professor of Management and Corporate Social Responsibility (CSR) at the THI Business School (Germany). He was the holder of the Professorship for Sustainable Management and CSR of the CBS International Business School in Cologne (Germany). He is also a lecturer at Friedrich-Alexander University Erlangen-Nürnberg. He holds a Doctor’s degree in Business Administration by the Catholic University of Eichstätt-Ingolstadt, a Master's degree in Management and Corporate Social Responsibility from the Pontifical University St. Thomas Aquinas, Rome, Italy, a Master's degree in Catholic Social Thought from the Pontifical Lateran University, Rome, Italy as well as a Licentiate in Business Administration from the San Pablo Catholic University, Arequipa, Peru.
He was a researcher at the Center for Corporate Citizenship, Ingolstadt, Germany and a research fellow and project manager at EABIS, The Academy of Business in Society.
He was a researcher at the Center for Corporate Citizenship, Ingolstadt, Germany and a research fellow and project manager at EABIS, The Academy of Business in Society.
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The purpose of this chapter is to address this discussion. It briefly presents the nature, development, and status quo of CSR reporting as an introduction, before the connected challenges and chances are discussed. Based on this evaluation, recommendations are developed on how CSR reporting should be implemented by companies in order to generate a benefit for them so that a seemingly administrative burden is turned into a competitive advantage.
After an introduction, the theoretical foundation will be provided by discussing important elements and issues of stakeholder management. Of special importance are approaches on how to identify and integrate those stakeholders who are particularly relevant to the company. Thereafter, we will make a business case for stakeholder management in order to build the bridge to the practical part of the chapter. This leads to the crucial question of why companies should practice stakeholder management. In the practical part, we will explain how companies can go about implementing an effective stakeholder management and will also address mistakes which are frequently made. The chapter will close with a conclusion and an outlook on the future of stakeholder management.
The purpose of this chapter is to address this discussion. It briefly presents the nature, development, and status quo of CSR reporting as an introduction, before the connected challenges and chances are discussed. Based on this evaluation, recommendations are developed on how CSR reporting should be implemented by companies in order to generate a benefit for them so that a seemingly administrative burden is turned into a competitive advantage.
After an introduction, the theoretical foundation will be provided by discussing important elements and issues of stakeholder management. Of special importance are approaches on how to identify and integrate those stakeholders who are particularly relevant to the company. Thereafter, we will make a business case for stakeholder management in order to build the bridge to the practical part of the chapter. This leads to the crucial question of why companies should practice stakeholder management. In the practical part, we will explain how companies can go about implementing an effective stakeholder management and will also address mistakes which are frequently made. The chapter will close with a conclusion and an outlook on the future of stakeholder management.