Stakeholder Theory: 25 Years Later

Philosophy of Management 8 (3):97-107 (2009)
  Copy   BIBTEX

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

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 90,221

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Stakeholder Theory: A Libertarian Defense.R. Edward Freeman & Robert A. Phillips - 2002 - Business Ethics Quarterly 12 (3):331-349.
Assessing Freeman’s Stakeholder Theory.James A. Stieb - 2009 - Journal of Business Ethics 87 (3):401 - 414.
A Dynamic Perspective in Freeman’s Stakeholder Model.Yves Fassin - 2010 - Journal of Business Ethics 96 (S1):39-49.
Whither Stakeholder Theory? A Guide for the Perplexed Revisited.John Hasnas - 2013 - Journal of Business Ethics 112 (1):47-57.
The Politics of Stakeholder Theory.R. Edward Freeman - 1994 - Business Ethics Quarterly 4 (4):409-421.
Three Elements of Stakeholder Legitimacy.Adele Santana - 2012 - Journal of Business Ethics 105 (2):257-265.
Stakeholders and the Moral Responsibilities of Business.Bruce Langtry - 1994 - Business Ethics Quarterly 4 (4):431-443.

Analytics

Added to PP
2013-06-12

Downloads
102 (#156,722)

6 months
8 (#156,881)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Robert Edward Freeman
University of Virginia

Citations of this work

Globalizing Democracy and Human Rights.Carol C. Gould - 2004 - Cambridge, UK: Cambridge University Press.
Participating in the Common Good of the Firm.Alejo José G. Sison & Joan Fontrodona - 2013 - Journal of Business Ethics 113 (4):611-625.
A life cycle model of multi-stakeholder networks.Julia Roloff - 2008 - Business Ethics, the Environment and Responsibility 17 (3):311–325.
In defense of a regulated market economy.Jukka Mäkinen & Eero Kasanen - 2015 - Journal of Global Ethics 11 (1):99-109.
A life cycle model of multi-stakeholder networks.Julia Roloff - 2008 - Business Ethics: A European Review 17 (3):311-325.

View all 16 citations / Add more citations