Stakeholder theory: A libertarian defense

Business Ethics Quarterly 12 (3):331-350 (2002)
Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called “stakeholder theory” has roots that are deeply libertarian. We begin by explicating both “stakeholder theory” and “libertarian arguments.” We show how there are libertarian arguments for both instrumental and normative stakeholder theory, and we construct a version of capitalism, called “stakeholder capitalism,” that builds on these libertarian ideas. We argue throughout that strong notions of “freedom” and “voluntary action” are the best possible underpinnings for stakeholder theory, and in doing so, seek to return “stakeholder theory” to its managerial and libertarian roots found in Freeman (1984)
Keywords No keywords specified (fix it)
Categories (categorize this paper)
DOI 10.2307/3858020
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
Download options
PhilPapers Archive

Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 16,707
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

No references found.

Add more references

Citations of this work BETA
James A. Stieb (2009). Assessing Freeman's Stakeholder Theory. Journal of Business Ethics 87 (3):401 - 414.

View all 23 citations / Add more citations

Similar books and articles

Monthly downloads

Added to index


Total downloads

43 ( #78,604 of 1,726,249 )

Recent downloads (6 months)

23 ( #38,308 of 1,726,249 )

How can I increase my downloads?

My notes
Sign in to use this feature

Start a new thread
There  are no threads in this forum
Nothing in this forum yet.