Journal of Business Ethics 112 (1):47-57 (2013)

Abstract
The nature of stakeholder theory and its fundamental normative prescriptions are the subject of much confusion and academic debate. This article attempts to provide an account of both the fundamental normative implications of stakeholder theory and the theory’s range of application that both stakeholder advocates and critics can agree upon. Using exclusively the language of leading stakeholder theorists, the article identifies the essential prescriptions of the theory and the type of organizations to which stakeholder theory applies in the hope of facilitating effective discussion and evaluation of the normative dimension of stakeholder theory.
Keywords Stakeholder theory  Agency theory  Organizational ethics  Labor unions
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DOI 10.1007/s10551-012-1231-8
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References found in this work BETA

What Stakeholder Theory is Not.Andrew C. Wicks - 2003 - Business Ethics Quarterly 13 (4):479-502.
A Stakeholder Theory of the Modern Corporation.R. Edward Freeman - 2001 - Perspectives in Business Ethics Sie 3:144.

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Citations of this work BETA

Corporate Agency and Possible Futures.Tim Mulgan - 2018 - Journal of Business Ethics 154 (4):901-916.

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