The following are good "Elsevier" papers to read in this regard:

Determinants of corporate social responsibility disclosure: An application of stakeholder theory

RW Roberts - Accounting, organizations and society, 1992 - Elsevier

Firm resources, quality signals and the determinants of corporate environmental reputation: some UK evidence

JS Toms - The British Accounting Review, 2002 - Elsevier

Thank you Ahmed!

I have read those articles before but the results do not go against the predictions of stakeholder theory (as far as I can see). 

Then, you may want to check the "Meta-Review Papers" which analyzed the studies done on this theory to find out the ups and downs of the theory.

Hi Fredrik Hartwig,

This article critique the stakeholder theory:

http://www98.griffith.edu.au/dspace/bitstream/handle/10072/42686/74634_1.pdf?sequence=1

Thank you Jasman! I will read the paper. I am looking for empirical evidence which rejects the managerial branch of stakeholder theory.

Hi..

This article contains con-confirmatory evidence to some components of stakeholder theory:

Evangeline Elijido-Ten, (2007),"Applying stakeholder theory to analyze corporate environmental performanceEvidence from Australian listed companies", Asian Review of Accounting, Vol. 15 Iss 2 pp. 164- 184

Your question is too vague in my opinion. The stakeholder theory (Freeman, 1984) is a very complex topic. If you want some article on CSR you can read Roberts (1992), as suggested by Ahmed, and the following articles:

Cornell, N. and Shapiro, A. (1987). Corporate stakeholders and corporate finance. Financial Management, pp. 5-14. 

McGuire, J.B., Sundgren, A. and Schneeweis, T. (1988). Corporate Social Responsibility and Firm Financial Performance, The Academy of Management Journal, Vol. 31, No. 4., pp. 854-872.

Preston, L.E. and O’Bannon, D.P. (1997). The corporate social-financial performance relationship Business and Society 36 (4), pp. 419-429

Botosan, C.A. (1997). Disclosure level and the cost of equity capital. The Accounting Review, 72 (3), pp. 323-349.

Waddock, S.A. and Graves, S.B. (1997). The corporate social performance financial performance link, Strategic Management Journal, Vol.18, Issue 4, pp. 303–319.

Botosan, C.A. (2006). Disclosure and the cost of capital: what do we know? Accounting and Business Research, Vol. 36, pp. 31-40.

van Beurden, P. and Gössling, T. (2008). The Worth of Values – A Literature Review on the Relation Between Corporate Social and Financial Performance, Journal of Business Ethics

Deng, X., Kang, J-k., and Low, B.S. (2013). Corporate social responsibility and stakeholder value maximization: Evidence from mergers, Journal of Financial Economics, Vol. 110, Issue 1, pp. 87–109.

Servaes, H. and Tamayo, A. (2013). The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness, Management Science, Vol. 59, No. 5, pp. 1045–1061.

Harrison, J.S., and Wicks, A.C. (2013). Stakeholder Theory, Value, and Firm Performance. Business Ethics Quarterly, Vol. 23, Issue 1, pp. 97-124.

Dhaliwal, D., Zhen Li, O., Tsang, A. and Yang, Y.G. (2014).  Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency, Journal of Accounting and Public Policy 33 (4), pp. 328-355

Cheng, B., Ioannou, I. and Serafeim, G. (2014). Corporate social responsibility and access to finance, Strategic Management Journal, Vol. 35, Issue 1, pp. 1–23