A Dynamic Perspective in Freeman's Stakeholder Model

Journal of Business Ethics 96 (S1):39-49 (2010)
Abstract
Stakeholder literature has acknowledged the need to complement the extant theory on stakeholder management by more dynamic perspectives. This article makes use of the recent terminology of stakewatcher and stakeseeker to illustrate the dynamic aspect of stakeholder theory transposed in the graphical representation of Freeman’s stakeholder model. Presenting a few selected case studies, it applies the scheme on the concept of value responsibility chain; it exemplifies the role of stakeseekers in various forms of activism, from shareholders, NGOs and government, in the stakeholder mobilisation process. This article clarifies how stakewatchers and stakeseekers can profoundly affect stakeholder salience, especially in crises. The transposition and integration of the dynamic aspect of stakeholder theory into the graphical representation strengthen the forceful pedagogical value of the Freeman’s stakeholder graphical model
Keywords MANAGEMENT  Stakeholder  IDENTIFICATION  Stakewatcher  Stakeseeker  Stakeholder theory  STRATEGIES  Responsibility  NGO  Olympic Games  Graphical representation  Stakeholder model  Dynamism  Activist  LEGITIMACY  CORPORATE  POLITICS
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References found in this work BETA
Yves Fassin (2009). The Stakeholder Model Refined. Journal of Business Ethics 84 (1):113 - 135.
John Kaler (2003). Differentiating Stakeholder Theories. Journal of Business Ethics 46 (1):71 - 83.

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Similar books and articles
Yves Fassin (2009). The Stakeholder Model Refined. Journal of Business Ethics 84 (1):113 - 135.
Michael E. Johnson-Cramer & Shawn Berman (2005). A Dynamic Model of Stakeholder Management. Proceedings of the International Association for Business and Society 16:320-325.
James A. Stieb (2009). Assessing Freeman's Stakeholder Theory. Journal of Business Ethics 87 (3):401 - 414.
Ben Wempe (2006). Freeman and the Normative Turn in Stakeholder Theorizing. Proceedings of the International Association for Business and Society 17:274-279.
Adele Santana (2012). Three Elements of Stakeholder Legitimacy. Journal of Business Ethics 105 (2):257-265.
R. Edward Freeman (1994). The Politics of Stakeholder Theory. Business Ethics Quarterly 4 (4):409-421.
R. Edward Freeman (1994). The Politics of Stakeholder Theory. Business Ethics Quarterly 4 (4):409-421.
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