Stakeholder Theory

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Stakeholder Theory

Author : R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks,Bidhan L. Parmar,Simone de Colle
Publisher : Cambridge University Press
Page : 128 pages
File Size : 46,6 Mb
Release : 2010-04-01
Category : Business & Economics
ISBN : 9781139484114

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Stakeholder Theory by R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks,Bidhan L. Parmar,Simone de Colle Pdf

In 1984, R. Edward Freeman published his landmark book, Strategic Management: A Stakeholder Approach, a work that set the agenda for what we now call stakeholder theory. In the intervening years, the literature on stakeholder theory has become vast and diverse. This book examines this body of research and assesses its relevance for our understanding of modern business. Beginning with a discussion of the origins and development of stakeholder theory, it shows how this corpus of theory has influenced a variety of different fields, including strategic management, finance, accounting, management, marketing, law, health care, public policy, and environment. It also features in-depth discussions of two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility. The book concludes by arguing that we should re-frame capitalism in the terms of stakeholder theory so that we come to see business as creating value for stakeholders.

Managing for Stakeholders

Author : R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks
Publisher : Yale University Press
Page : 200 pages
File Size : 52,8 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9780300138498

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Managing for Stakeholders by R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks Pdf

Managing for Stakeholders: Survival, Reputation, and Success, the culmination of twenty years of research, interviews, and observations in the workplace, makes a major new contribution to management thinking and practice. Current ways of thinking about business and stakeholder management usually ask the Value Allocation Question: How should we distribute the burdens and benefits of corporate activities among stakeholders? Managing for Stakeholders, however, helps leaders develop a mindset that instead asks the Value Creation Question: How can we create as much value as possible for all of our stakeholders?Business is about how customers, suppliers, employees, financiers (stockholders, bondholders, banks, etc.), communities, the media, and managers interact and create value. World-renowned management scholar R. Edward Freeman and his coauthors outline ten concrete principles and seven practical techniques for managing stakeholder relationships in order to ensure a firm’s survival, reputation, and success. Managing for Stakeholders is a revolutionary book that will change not only how managers do business but also how they recognize and evaluate business opportunities that would otherwise be invisible.

The Cambridge Handbook of Stakeholder Theory

Author : Jeffrey S. Harrison,Jay B. Barney,R. Edward Freeman,Robert A. Phillips
Publisher : Cambridge University Press
Page : 301 pages
File Size : 40,6 Mb
Release : 2019-05-09
Category : Business & Economics
ISBN : 9781107191464

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The Cambridge Handbook of Stakeholder Theory by Jeffrey S. Harrison,Jay B. Barney,R. Edward Freeman,Robert A. Phillips Pdf

A comprehensive foundation for stakeholder theory, written by many of the most respected and highly cited experts in the field.

Stakeholder Theory

Author : Robert Phillips
Publisher : Unknown
Page : 0 pages
File Size : 48,8 Mb
Release : 2011
Category : Business ethics
ISBN : 0857936255

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Stakeholder Theory by Robert Phillips Pdf

Honoring the twenty-fifth anniversary of R. Edward Freeman's Strategic Management: A Stakeholder Approach, one of the most influential books in the history of business strategy and ethics, this work assembles a collection of contributions from some of the most renowned and widely-cited scholars working in the area of stakeholder scholarship today. The analyses collected here comment on the impact Freeman's book - and stakeholder theory more generally - has had upon the fields of management and organizational ethics. This study also includes an original response from Freeman himself. As the conversation about stakeholders hits its academic and popular stride, this timely volume provides both a retrospective of stakeholder theory's history as well as a guide to the questions that are likely to emerge during the next quarter century, providing a new foundation for future theory and practice. This book will be an indispensible resource for any serious scholar working in the area of stakeholder theory. Additionally, because the language of managing stakeholder relationships is becoming increasingly popular, practicing executives and NGO members will find this an exceptional and informative reference.

Stakeholder Theory

Author : R. Edward Freeman,Jeffrey S. Harrison,Stelios Zyglidopoulos
Publisher : Cambridge University Press
Page : 75 pages
File Size : 47,5 Mb
Release : 2018-08-30
Category : Business & Economics
ISBN : 1108439284

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Stakeholder Theory by R. Edward Freeman,Jeffrey S. Harrison,Stelios Zyglidopoulos Pdf

The stakeholder perspective is an alternative way of understanding how companies and people create value and trade with each other. Freeman, Harrison and Zyglidopoulos discuss the foundation concepts and implementation of stakeholder management as well as the advantages this approach provides to firms and their managers. They present a number of tools that managers can use to implement stakeholder thinking, better understand stakeholders and create value with and for them. The Element concludes by discussing how managers can create stakeholder oriented control systems and by examining some of the important stakeholder-related issues that are worthy of future scholarly and managerial attention.

Stakeholder Capitalism

Author : Klaus Schwab
Publisher : John Wiley & Sons
Page : 311 pages
File Size : 46,9 Mb
Release : 2021-01-27
Category : Business & Economics
ISBN : 9781119756132

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Stakeholder Capitalism by Klaus Schwab Pdf

Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Stakeholder Theory

Author : Abe J. Zakhem,Daniel E. Palmer,Mary Lyn Stoll
Publisher : Unknown
Page : 356 pages
File Size : 45,8 Mb
Release : 2008
Category : Business & Economics
ISBN : UCSC:32106019409397

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Stakeholder Theory by Abe J. Zakhem,Daniel E. Palmer,Mary Lyn Stoll Pdf

This valuable collection of essential articles from the most prominent authors in the field serves as the standard reference source for research into stakeholder theory--the dominant framework for analyzing ethical issues within the field of business ethics.

Strategic Management

Author : R. Edward Freeman
Publisher : Cambridge University Press
Page : 294 pages
File Size : 46,9 Mb
Release : 2010-03-11
Category : Business & Economics
ISBN : 9780521151740

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Strategic Management by R. Edward Freeman Pdf

Re-issue of a foundational work in the field of business ethics from R. Edward Freeman.

The Corporation and Its Stakeholders

Author : Max B.E. Clarkson
Publisher : University of Toronto Press
Page : 573 pages
File Size : 45,7 Mb
Release : 1998-02-14
Category : Business & Economics
ISBN : 9781442639898

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The Corporation and Its Stakeholders by Max B.E. Clarkson Pdf

There is an active debate over whether the traditional purpose of the corporation – to maximize profits and financial value for the benefit of shareholders – can adequately encompass the interests of all other participants or stakeholders in the corporation's activities. Since a corporation cannot operate optimally without the support of its most important stakeholders, particularly its employees and customers, finding ways of incorporating responsiveness to stakeholder needs is vital for corporate management and governance. This anthology is designed to sharpen the debate about the role and purpose of the corporation. The debate includes such fundamental questions as: Who should be considered stakeholders? Which stakeholder interests should a corporation take into account? How should stakeholder interests be balanced against shareholder objectives (such as profits)? What changes should be made in corporate decision making and governance to reflect these new interests? This collection of seminal articles, is divided into three parts: Shareholders and Stakeholders; Morality, Ethics and Stakeholder Theory; and Stakeholder Theory and Management Performance. The articles date from 1916 to 1997, and are drawn from North American and European authors. Managers as well as researchers will find this collection presented will stimulate their thinking on the role of the corporation and its responsiveness to stakeholder interests. The volume is funded in part by a grant from the Alfred P. Sloan Foundation.

Stakeholders

Author : Andrew L. Friedman,Samantha Miles
Publisher : Oxford University Press, USA
Page : 330 pages
File Size : 55,9 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780199269860

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Stakeholders by Andrew L. Friedman,Samantha Miles Pdf

'Stakeholders' includes a discussion of the concept of 'the stakeholder' in fields such as management, corporate governance, accounting and finance, strategy, sociology, and politics, and in public policy debate. Practical examples are used to examine a range of stakeholders.

Stakeholder Theory

Author : Maria Bonnafous-Boucher,Jacob Dahl Rendtorff
Publisher : Springer
Page : 92 pages
File Size : 50,9 Mb
Release : 2016-11-08
Category : Philosophy
ISBN : 9783319443560

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Stakeholder Theory by Maria Bonnafous-Boucher,Jacob Dahl Rendtorff Pdf

This book provides an academic introduction to, and presentation and defence of stakeholder theory as a model for the strategic management of businesses and corporations, as well as of public organizations and institutions. The concept of the stakeholder is generally applied to parties that affect or are affected by the activities of private or public organizations. Distinct from shareholders, stakeholders are those individuals, entities or communities that have a connection with the activities of a corporation, a firm or an organization. The notion of the stakeholder is intimately linked to a conception of the business firm as an entity founded on negotiated governance, in which the maximization of value for the shareholder is not the ultimate criterion. In this model, issues and interests that are not directly associated with shareholders and investors, but which go beyond capital to encompass the concerns of civil society, are considered to be of central importance. This book provides a broad overview of stakeholder theory, presenting it as an ethical approach to strategic management that is both pragmatic and applicable to developing democratic practices within corporations, while at the same time suggesting ways in which elements of a social contract can be elaborated within the context of globalization.

Corporate Governance and Accountability

Author : Jill Solomon
Publisher : John Wiley & Sons
Page : 403 pages
File Size : 51,7 Mb
Release : 2007-03-16
Category : Business & Economics
ISBN : 9780470034514

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Corporate Governance and Accountability by Jill Solomon Pdf

Courses in corporate governance and corporate social responsibility are growing in number at universities in many countries. This textbook covers corporate governance for the UK market.

Stakeholder Theory and Organizational Ethics

Author : Robert Phillips
Publisher : Berrett-Koehler Publishers
Page : 222 pages
File Size : 46,9 Mb
Release : 2003
Category : Business & Economics
ISBN : 9781576752685

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Stakeholder Theory and Organizational Ethics by Robert Phillips Pdf

Recent corporate scandals have brought attention to business ethics, yet there are few books available that cover an important aspect of this topic. In this timely study of organizational ethics and stakeholder theory - which holds that business is beholden not only to shareholders but also to customers, employees, suppliers, management, and the community - Robert Phillips challenges the idea that the theory has no ""moral underpinnings"" and suggests useful ways to define which groups are or are not legitimate stakeholders. This study is based on the work of John Rawls, the most widely cited moral and political philosopher of the 20th century.

Unfolding Stakeholder Thinking

Author : Jörg Andriof,Sandra Waddock,Bryan Husted,Sandra Sutherland Rahman
Publisher : Routledge
Page : 357 pages
File Size : 52,6 Mb
Release : 2017-09-08
Category : Business & Economics
ISBN : 9781351281867

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Unfolding Stakeholder Thinking by Jörg Andriof,Sandra Waddock,Bryan Husted,Sandra Sutherland Rahman Pdf

This book – the first of a two-volume series – argues that, today, stakeholder thinking has evolved into the study of interactive, mutually engaged and responsive relationships that establish the very context of doing modern business, and create the groundwork for transparency and accountability. This book makes it clear that in today's societies successful companies are those that recognize that they have responsibilities to a range of stakeholders that go beyond mere compliance with the law or meeting the fiduciary responsibility inherent in maximizing returns to shareholders. If in the past the focus was on enhancing shareholder value, now it is on engaging stakeholders for long-term value creation. The process of engagement creates a dynamic context of interaction, mutual respect, dialogue and change – not a one-sided "management" of stakeholders. Indeed, the authors believe the very term "stakeholder management" to be outdated and corporate-centric. Companies can manage their relationships with stakeholders, but frequently cannot actually manage the stakeholders themselves, because, as the activist and collaborative initiatives described in this volume suggest, company-stakeholder relationships are not one-way streets and different institutions bring different agendas, goals and priorities to the engagement. There are clear implications to the way in which stakeholder thinking is unfolding today. If in the past corporate "social" responsibility was simply seen as profitability plus compliance plus philanthropy, now responsible corporate citizenship – or corporate responsibility – means companies being more aware of and understanding the societies in which they operate. Corporate responsibility means recognising that day-to-day operating practices affect stakeholders and that it is in those impacts where responsibility lies, not merely in efforts to "do good". Companies are now faced with a wide array of challenges that mean that senior executives and managers need to be able to deal with issues including greater accountability, human rights abuses, sustainability strategies, corporate governance codes, workplace ethics, stakeholder consultation and management. Stakeholder thinking needs to capture these new realities. The global reach of multinational corporations has served to highlight the need for the (re)integration of business into society, relationships into stakeholder relations, and ethics into managerial practice. The rise in power of global activism involving NGOs, and global business involving multinational corporations, makes it even more critical today for companies to consider the power and interests of corporate stakeholders when developing strategic plans. The interactivity and mutuality of relationships described in this book make it clear that firms and stakeholders share the power and responsibility to influence both the profit potential of the firm and how the benefits of the firm's success impact on society. This important volume brings together leading academic thought on stakeholder thinking for the first time. Unfolding Stakeholder Thinking will be indispensable to corporate managers, NGOs and academics seeking greater understanding of the dynamics of stakeholder thinking in a world of rapidly changing responsibilities.A companion volume, Unfolding Stakeholder Thinking 2, focusing on practical issues such as relationship management, communication, reporting, and performance, is also available.

Stakeholder Theory

Author : Robert A. Phillips
Publisher : Edward Elgar Publishing
Page : 257 pages
File Size : 54,7 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9780857936349

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Stakeholder Theory by Robert A. Phillips Pdf

Honoring the twenty-fifth anniversary of one of the most influential books in the history of business strategy and ethics, R. Edward Freeman's Strategic Management: A Stakeholder Approach, this work assembles a collection of contributions by the most influential and widely cited scholars working in the area of stakeholder scholarship today. The analyses collected here comment on the impact Freeman's book - and stakeholder theory more generally - has had upon the fields of management and organizational ethics. This study also includes original responses from Freeman himself. As the conversation about stakeholders hits its academic and popular stride, this timely volume provides both a retrospective of stakeholder theory's history as well as a guide to the questions that are likely to emerge during the next quarter century, providing a new foundation for future theory and practice. This volume will be an indispensible resource for any serious scholar working in the area of stakeholder theory. Additionally, because the language of managing stakeholder relationships is becoming increasingly popular, practicing executives and NGO members will find this an exceptional and informative reference.