The Corporation And Its Stakeholders

Author : Max B.E. Clarkson
Publisher : University of Toronto Press
Page : 573 pages
File Size : 48,7 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.

Author : James E. Post,Lee E. Preston,Sybille Sauter-Sachs
Publisher : Stanford University Press
Page : 340 pages
File Size : 43,9 Mb
Release : 2002
Category : Business & Economics
ISBN : 080474310X

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Redefining the Corporation by James E. Post,Lee E. Preston,Sybille Sauter-Sachs Pdf

This book shows how the modern corporation must meet the expectations of diverse constiutents who contribute to its existence and success, the stakeholders: resource providers, customers, suppliers, alliance partners, and social and political actors. It argues that the corporation must be seen as an institution engaged in mobilizing resources to create wealth and benefits for all its stakeholders.

Author : Lawrence J. Gitman,Carl Mcdaniel,Amit Shah
Publisher : Unknown
Page : 0 pages
File Size : 53,8 Mb
Release : 2023-05-19
Category : Electronic
ISBN : 1998109313

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Introduction to Business by Lawrence J. Gitman,Carl Mcdaniel,Amit Shah Pdf

Author : C. B. Bhattacharya,Sankar Sen,Daniel Korschun
Publisher : Cambridge University Press
Page : 341 pages
File Size : 48,9 Mb
Release : 2011-09-15
Category : Business & Economics
ISBN : 9781107009172

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Leveraging Corporate Responsibility by C. B. Bhattacharya,Sankar Sen,Daniel Korschun Pdf

This book shows how companies can maximize the value of their CR initiatives by fostering strong stakeholder relationships.

Author : Jeffrey S. Harrison,Jay B. Barney,R. Edward Freeman,Robert A. Phillips
Publisher : Cambridge University Press
Page : 301 pages
File Size : 44,6 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.

Author : Klaus Schwab
Publisher : John Wiley & Sons
Page : 311 pages
File Size : 48,7 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.

Author : R. Edward Freeman,Jeffrey S. Harrison,Andrew C. Wicks
Publisher : Yale University Press
Page : 200 pages
File Size : 52,6 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.

Author : Ann Svendsen
Publisher : Berrett-Koehler Publishers
Page : 223 pages
File Size : 53,6 Mb
Release : 1998-10-05
Category : Business & Economics
ISBN : 9781609943936

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The Stakeholder Strategy by Ann Svendsen Pdf

In today's highly networked and competitive global economy, mounting social and environmental problems are forcing corporations to focus on more than just their stockholders' interest in meeting bottom line profitability. More and more companies are recognizing the value of identifying and building relationships with all of their organization's stakeholders-employees, customers, suppliers, and even communities. In fact, recent research has shown that companies that treat their employees well, create jobs in the local economy, develop innovative products and services, take care of the environment, and contribute to the community, are often more profitable. In The Stakeholder Strategy, sociologist Ann Svendsen presents an effective and practical step-by-step guide that companies can use to forge a network of powerful and profitable collaborative stakeholder relationships. While some forward-thinking corporations have tried limited collaborative approaches-focusing on one stakeholder group at a time-few have taken a comprehensive and strategic approach to building relationships with all of their stakeholders, notes Svendsen. And, while considerable commitment to the idea of stakeholder collaboration exists, there is a lack of knowledge and understanding about how to develop these relationships. The Stakeholder Strategy is the first book to show business leaders and managers how to establish and maintain positive, mutually beneficial stakeholder relationships. Based on a synthesis of ideas from community relations, corporate philanthropy, stakeholder management, organizational change, sustainability, and the corporate social responsibility literature, it offers an integrated framework, as well as the practical tools for developing new kinds of collaborative relationships. Svendsen uses easy-to-grasp concepts from everyday life, such as the process we go through in finding a mate or developing a long-term friendship, to illustrate these relationship-building strategies. She lays out the steps a company should take to create a collaboration-friendly organization: establishing a social mission, values, and ethical guidelines; assessing corporate readiness for collaboration; and making changes in communication, information and reward systems to support internal and external collaboration. Featuring case study examples from companies in North America and Europe who are working to build collaborative relationships with their stakeholders, The Stakeholder Strategy is the first book to provide a detailed explanation of how to conduct stakeholder audits and social audits so that companines can evaluate their relationship-building success and keep on track.

Author : Guillermo C. Jimenez,Elizabeth Pulos
Publisher : Unknown
Page : 128 pages
File Size : 48,5 Mb
Release : 2016
Category : Business
ISBN : OCLC:1319290081

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Good Corporation, Bad Corporation: Corporate Social Responsibility in the Global Economy by Guillermo C. Jimenez,Elizabeth Pulos Pdf

Author : R. Edward Freeman
Publisher : Cambridge University Press
Page : 294 pages
File Size : 49,8 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.

Author : Samuel F. Mansell
Publisher : Cambridge University Press
Page : 199 pages
File Size : 55,5 Mb
Release : 2013-03-14
Category : Business & Economics
ISBN : 9781107015524

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Capitalism, Corporations and the Social Contract by Samuel F. Mansell Pdf

Samuel Mansell critiques the principles of stakeholder theory, proposing instead a qualified version of Friedman's shareholder theory.

Author : Stephen M. Byars,Kurt Stanberry
Publisher : Unknown
Page : 0 pages
File Size : 46,5 Mb
Release : 2023-05-20
Category : Electronic
ISBN : 1998109410

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Business Ethics by Stephen M. Byars,Kurt Stanberry Pdf

Color print. Business Ethics is designed to meet the scope and sequence requirements of the single-semester business ethics course. This title includes innovative features designed to enhance student learning, including case studies, application scenarios, and links to video interviews with executives, all of which help instill in students a sense of ethical awareness and responsibility.

Author : David Crowther,Shahla Seifi
Publisher : Emerald Group Publishing
Page : 272 pages
File Size : 49,8 Mb
Release : 2016-10-28
Category : Business & Economics
ISBN : 9781786356253

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Corporate Responsibility and Stakeholding by David Crowther,Shahla Seifi Pdf

Although much consideration has been given to the relationship between a corporation and its stakeholders, less attention has been given as to who those stakeholders might consist of. In this book we take the widest definition of stakeholders and consider aspect of the corporation’s responsibility to this community.

Author : Sarah Kaplan
Publisher : Bloomsbury Publishing
Page : 230 pages
File Size : 50,7 Mb
Release : 2022-08-18
Category : Business & Economics
ISBN : 9789354358777

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The 360° Corporation by Sarah Kaplan Pdf

Companies are increasingly facing intense pressures to address stakeholder demands from every direction: consumers want socially responsible products; employees want meaningful work; investors now screen on environmental, social, and governance criteria; "clicktivists" create social media storms over company missteps. CEOs now realize that their companies must be social as well as commercial actors, but stakeholder pressures often create trade-offs with demands to deliver financial performance to shareholders. How can companies respond while avoiding simple "greenwashing" or "pinkwashing"? This book lays out a roadmap for organizational leaders who have hit the limits of the supposed win-win of shared value to explore how companies can cope with real trade-offs, innovating around them or even thriving within them. Suggesting that the shared-value mindset may actually get in the way of progress, bestselling author Sarah Kaplan shows in The 360° Corporation how trade-offs, rather than being confusing or problematic, can actually be the source of organizational resilience and transformation.

Author : Joel Bakan
Publisher : Penguin
Page : 320 pages
File Size : 54,5 Mb
Release : 2020-09-22
Category : Biography & Autobiography
ISBN : 9780735238855

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The New Corporation by Joel Bakan Pdf

Silver WINNER of the 2021 Axiom Business Book Awards in Business Ethics WINNER of the 2021 Jim Deva Prize for Writing That Provokes From the author of The Corporation: The Pathological Pursuit of Profit and Power comes this deeply informed and unflinching look at the way corporations have slyly rebranded themselves as socially conscious entities ready to tackle society's problems, while CEO compensation soars, income inequality is at all-time highs, and democracy sits in a precarious situation. Over the last decade and a half, business leaders, Silicon Valley executives, and the Davos elite have been calling for a new kind of capitalism. The writing was on the wall. With income inequality soaring, wages stagnating, and a climate crisis escalating, it was no longer viable to justify harming the environment and ducking taxes in the name of shareholder value. Business leaders realized that to get out in front of these problems, they had to make social and environmental values the very core of their messaging. Their essential pitch was: Who could be better suited to address major societal issues than efficiently run corporations? There is just one small problem with their doing well by doing good pitch. Corporations are still, ultimately, answerable to their shareholders, and doing well always comes first. This essential truth lies at the heart of Joel Bakan's argument. In lucid and engaging prose, Bakan lays bare a litany of immoral corporate actions and documents corporate power grabs dressed up as social initiatives. He makes clear the urgency of the problem of the corporatization of society itself and shows how people are fighting back and making gains on a grassroots level.