International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Value Creation through Stakeholders – A Tool for Reducing Poverty in Developing Economies
Supawadee Sutthirak, Patthanij Gonjanar

This paper elaborates the study of value creation of reducing poverty through stakeholder, focusing on factors that affect value creation of organization. The cause of chronic poverty, some time started at the financial crisis, has brought bankruptcy of companies. Those companies have a going concern to increase shareholder and maximize profit of their operation. To create wealth for company’s shareholders and stakeholders is a way to reduce poverty through the creation of organizations, including value creation model identifying factors that create firm’s value and going concern of successful performance: Corporate Social Responsibility, Corporate Governance and Innovative Organization.

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