This dissertation contributes to the discussion on the role of nonfinancial stakeholders in finance. Given that an exhaustive analysis of this broad topic is well beyond the scope of a single thesis, my research instead aims to fill a number of important empirical gaps in the literature. I conduct four studies on the relevance of key nonfinancial stakeholders; namely employees, customers, and in one case stakeholders at large. These studies can be broadly grouped into three separate themes, which I briefly introduce in the following