Results for 'Stakeholders'

1000+ found
Order:
  1. James M. Humber.Stakeholder Theorist - forthcoming - Business Ethics:115.
     
    Export citation  
     
    Bookmark  
  2. The Stakeholder Model Refined.Yves Fassin - 2009 - Journal of Business Ethics 84 (1):113-135.
    The popularity of the stakeholder model has been achieved thanks to its powerful visual scheme and its very simplicity. Stakeholder management has become an important tool to transfer ethics to management practice and strategy. Nevertheless, legitimate criticism continues to insist on clarification and emphasises on the perfectible nature of the model. Here, rather than building on the discussion from a philosophical or theoretical point of view, a different and innovative approach has been chosen: the analysis will return to the origin (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   39 citations  
  3. A Stakeholder Approach to Corporate Social Responsibility: A Fresh Perspective into Theory and Practice.Dima Jamali - 2008 - Journal of Business Ethics 82 (1):213-231.
    Stakeholder theory has gained currency in the business and society literature in recent years in light␣of its practicality from the perspective of managers and scholars. In accounting for the recent ascendancy of␣stakeholder theory, this article presents an overview of␣two traditional conceptualizations of corporate social␣responsibility (CSR) (Carroll: 1979, ‹A Three-Dimensional Conceptual Model of Corporate Performance', The Academy of Management Review 4(4), 497–505 and Wood: 1991, ‹Corporate Social Performance Revisited', The Academy of Management Review 16(4), 691–717), highlighting their predominant inclination toward providing (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   81 citations  
  4. Stakeholder Management, Reciprocity and Stakeholder Responsibility.Yves Fassin - 2012 - Journal of Business Ethics 109 (1):83-96.
    Stakeholder theory advocates that firms bear responsibility for the implications of their actions. However, while a firm affects or can affect stakeholders, stakeholders can also affect the corporation. Previous stakeholder theorising has neglected the reciprocal nature of responsibility. The question can be asked whether—in a spirit of reciprocity, loyalty and fairness—stakeholders should treat the corporation in a fair and responsible way. This study based on different definitions of stakeholders argues that various stakeholder attributes differ for different (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   25 citations  
  5. Stakeholder theory.D. Bevan & P. H. Werhane - 2011 - In Mollie Painter-Morland & René ten Bos (eds.), Business ethics and continental philosophy. New York: Cambridge University Press. pp. 37--60.
     
    Export citation  
     
    Bookmark   4 citations  
  6. Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests.Scott J. Reynolds, Frank C. Schultz & David R. Hekman - 2006 - Journal of Business Ethics 64 (3):285-301.
    Stakeholder theory is widely recognized as a management theory, yet very little research has considered its implications for individual managerial decision-making. In the two studies reported here, we used stakeholder theory to examine managerial decisions about balancing stakeholder interests. Results of Study 1 suggest that indivisible resources and unequal levels of stakeholder saliency constrain managers’ efforts to balance stakeholder interests. Resource divisibility also influenced whether managers used a within-decision or an across-decision approach to balance stakeholder interests. In Study 2 we (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   26 citations  
  7. Multi-Stakeholder Initiatives on Sustainability: A Cross-Disciplinary Review and Research Agenda for Business Ethics.Frank G. A. de Bakker, Andreas Rasche & Stefano Ponte - 2019 - Business Ethics Quarterly 29 (3):343-383.
    ABSTRACT:Although the literature on multi-stakeholder initiatives for sustainability has grown in recent years, it is scattered across several academic fields, making it hard to ascertain how individual disciplines, such as business ethics, can further contribute to the debate. Based on an extensive review of the literature on certification and principle-based MSIs for sustainability, we show that the scholarly debate rests on three broad themes : theinputinto creating and governing MSIs; theinstitutionalizationof MSIs; and theimpactthat relevant initiatives create. While our discussion reveals (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   29 citations  
  8. Strengthening Stakeholder–Company Relationships Through Mutually Beneficial Corporate Social Responsibility Initiatives.C. B. Bhattacharya, Daniel Korschun & Sankar Sen - 2009 - Journal of Business Ethics 85 (S2):257-272.
    Corporate social responsibility (CSR) continues to gain attention atop the corporate agenda and is by now an important component of the dialogue between companies and their stakeholders. Nevertheless, there is still little guidance as to how companies can implement CSR activity in order to maximize returns to CSR investment. Theorists have identified many company-favoring outcomes of CSR; yet there is a dearth of research on the psychological mechanisms that drive stakeholder responses to CSR activity. Borrowing from the literatures on (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   73 citations  
  9. Stakeholder Theory and A Principle of Fairness.Robert A. Phillips - 1997 - Business Ethics Quarterly 7 (1):51-66.
    Stakeholder theory has become a central issue in the literature on business ethics / business and society. There are, however, a number of problems with stakeholder theory as currently understood. Among these are: 1) the lack of a coherent justificatory framework, 2) the problem of adjudicating between stakeholders, and 3) the problem of stakeholder identification. In this essay, I propose that a possible source of obligations to stakeholders is the principle of fairness (or fair play) as discussed in (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   143 citations  
  10. Stakeholder Engagement: Beyond the Myth of Corporate Responsibility.Michelle Greenwood - 2007 - Journal of Business Ethics 74 (4):315-327.
    The purpose of this article is to transcend the assumption that stakeholder engagement is necessarily a responsible practice. Stakeholder engagement is traditionally seen as corporate responsibility in action. Indeed, in some literatures there exists an assumption that the more an organisation engages with its stakeholders, the more it is responsible. This simple 'more is better' view of stakeholder engagement belies the true complexity of the relationship between engagement and corporate responsibility. Stakeholder engagement may be understood in a variety of (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   69 citations  
  11. Stakeholder Multiplicity: Toward an Understanding of the Interactions between Stakeholders.Benjamin A. Neville & Bulent Menguc - 2006 - Journal of Business Ethics 66 (4):377-391.
    While stakeholder theory has traditionally considered organization’s interactions with stakeholders in terms of independent, dyadic relationships, recent scholarship has pointed to the fact that organizations exist within a complex network of intertwining relationships [e.g., Rowley, T. J.: 1997, The Academy of Management Review 22(4), 887–910]. However, further theoretical and empirical development of the interactions between stakeholders has been lacking. In this paper, we develop a framework for understanding and measuring the effects upon the organization of competing, complementary and (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   46 citations  
  12. Stakeholder Dialogue as Agonistic Deliberation: Exploring the Role of Conflict and Self-Interest in Business-NGO Interaction.Teunis Brand, Vincent Blok & Marcel Verweij - 2020 - Business Ethics Quarterly 30 (1):3-30.
    ABSTRACT:Many companies engage in dialogue with nongovernmental organizations about societal issues. The question is what a regulative ideal for such dialogues should be. In the literature on corporate social responsibility, the Habermasian notion of communicative action is often presented as a regulative ideal for stakeholder dialogue, implying that actors should aim at consensus and set strategic considerations aside. In this article, we argue that in many cases, communicative action is not a suitable regulative ideal for dialogue between companies and NGOs. (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   12 citations  
  13.  78
    From Stakeholder Management to Stakeholder Accountability: Applying Habermasian Discourse Ethics to Accountability Research.Andreas Rasche & Daniel E. Esser - 2006 - Journal of Business Ethics 65 (3):251-267.
    Confronted with mounting pressure to ensure accountability vis-à-vis customers, citizens and beneficiaries, organizational leaders need to decide how to choose and implement so-called accountability standards. Yet while looking for an appropriate standard, they often base their decisions on cost-benefit calculations, thus neglecting other important spheres of influence pertaining to more broadly defined stakeholder interests. We argue in this paper that, as a part of the strategic decision for a certain standard, management needs to identify and act according to the needs (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   70 citations  
  14. Stakeholder Identification and Salience After 20 Years: Progress, Problems, and Prospects.Logan M. Bryan, Bradley R. Agle, Ronald K. Mitchell & Donna J. Wood - 2021 - Business and Society 60 (1):196-245.
    To contribute to the continuing challenge of explaining how managers identify stakeholders and assess their salience, in this article, we chronicle the history, assess the impact, and evaluate the possibilities opened by Mitchell, Agle, and Wood (MAW-1997). We do so through two types of qualitative analysis, and also through utilizing a quantitative network analysis tool. The first qualitative analysis categorizes the major contributions of the most influential papers succeeding MAW-1997; the second identifies and compares the relevant issues with MAW-1997 (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   6 citations  
  15.  3
    Stakeholder Theory: A Model for Strategic Management.Maria Bonnafous-Boucher - 2016 - Cham: Imprint: Springer. Edited by Jacob Dahl Rendtorff.
    This book presents an academic introduction, presentation and argument of stakeholder theory as as a model for strategic management of business firms and corporations and public organizations and institutions. The concept of stakeholder is generally used for the parties that affect or are affected by the activities of private or public organizations. Stakeholders are those interested parties who, other than shareholders, have a connection with the activities of a corporation, a firm or an organization. The reference to the (...) refers to a conception of a business firm as founded on negotiated governance, where the maximization of the value for the shareholder is not the ultimate criterion. In this model the stakes and the interests that are not those of shareholders or investors, and which go beyond capital and include civil society, are important. This book presents this theory and makes it known as an ethical model for strategic management that is both concrete and useful for developing democracy in the firm, and making it possible to present elements of a social contract in the context of global capitalism. (shrink)
    No categories
    Direct download  
     
    Export citation  
     
    Bookmark  
  16. Investigating Stakeholder Theory and Social Capital: CSR in Large Firms and SMEs.Angeloantonio Russo & Francesco Perrini - 2010 - Journal of Business Ethics 91 (2):207-221.
    The concept of corporate social responsibility (CSR) has been widely investigated, but a generally accepted theoretical framework does not yet exist. This paper argues that the idiosyncrasies of large firms and SMEs explains the different approaches to CSR, and that the notion of social capital is a more useful way of understanding the CSR approach of SMEs, whereas stakeholder theory more closely addresses the CSR approach of large firms. Based on the extant literature, we present a comparison of large firm (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   47 citations  
  17. Whither Stakeholder Theory? A Guide for the Perplexed Revisited.John Hasnas - 2013 - Journal of Business Ethics 112 (1):47-57.
    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 (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   16 citations  
  18. Stakeholder Engagement: Past, Present, and Future.Daniel Laude, Anna Heikkinen, Heta Leinonen, Sybille Sachs & Johanna Kujala - 2022 - Business and Society 61 (5):1136-1196.
    Stakeholder engagement has grown into a widely used yet often unclear construct in business and society research. The literature lacks a unified understanding of the essentials of stakeholder engagement, and the fragmented use of the stakeholder engagement construct challenges its development and legitimacy. The purpose of this article is to clarify the construct of stakeholder engagement to unfold the full potential of stakeholder engagement research. We conduct a literature review on 90 articles in leading academic journals focusing on stakeholder engagement (...)
    No categories
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   7 citations  
  19. Stakeholder Engagement for Responsible Innovation in the Private Sector: Critical Issues and Management Practices.Vincent Blok, L. Hoffmans & E. Wubben - 2015 - Journal of Chain and Network Science 2 (15):147-164.
    Although both EU policy makers and researchers acknowledge that public or stakeholder engagement is important for responsible innovation (RI), empirical evidence in this field is still scarce. In this article, we explore to what extent companies with a disposition to innovate in a more responsible way are moving towards the ideal of mutual responsiveness among stakeholders, as it is presented in the RI literature. Based on interviews with companies and non-economic stakeholders in the Dutch Food industry, it can (...)
    Direct download  
     
    Export citation  
     
    Bookmark   12 citations  
  20. Stakeholder Capitalism.R. Edward Freeman, Kirsten Martin & Bidhan Parmar - 2007 - Journal of Business Ethics 74 (4):303-314.
    In this article, we will outline the principles of stakeholder capitalism and describe how this view rejects problematic assumptions in the current narratives of capitalism. Traditional narratives of capitalism rely upon the assumptions of competition, limited resources, and a winner-take-all mentality as fundamental to business and economic activity. These approaches leave little room for ethical analysis, have a simplistic view of human beings, and focus on value-capture rather than value-creation. We argue these assumptions about capitalism are inadequate and leave four (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   44 citations  
  21.  81
    Stakeholder Happiness Enhancement: A Neo-Utilitarian Objective for the Modern Corporation.Thomas M. Jones & Will Felps - 2013 - Business Ethics Quarterly 23 (3):349-379.
    ABSTRACT:Employing utilitarian criteria, Jones and Felps, in “Shareholder Wealth Maximization and Social Welfare: A Utilitarian Critique” (Business Ethics Quarterly23[2]: 207–38), examined the sequential logic leading from shareholder wealth maximization to maximal social welfare and uncovered several serious empirical and conceptual shortcomings. After rendering shareholder wealth maximization seriously compromised as an objective for corporate operations, they provided a set of criteria regarding what a replacement corporate objective would look like, but do not offer a specific alternative. In this article, we draw (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   28 citations  
  22. Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility.Michael L. Barnett - 2005 - Proceedings of the International Association for Business and Society 16:287-292.
    This paper argues that research on the business case for corporate social responsibility (CSR) must account for the path dependent nature of firm-stakeholderrelations, and develops the construct of stakeholder influence capacity (SIC) to fill this void. SIC helps to explain why the effects of CSR on corporate financial performance (CFP) vary across firms and across time, therein providing a missing link in the study of the business case. This paper distinguishes CSR from related and confounded corporate resource allocations and from (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   136 citations  
  23. Differentiating stakeholder theories.John Kaler - 2003 - Journal of Business Ethics 46 (1):71 - 83.
    Following on from work on stakeholder identification, this paper constructs a typology of stakeholder theories based on the extent to which serving the interests of non-shareholders relative to those of shareholders is accepted as a responsibility of companies. A typology based on the division of stakeholder theories into normative, descriptive, and instrumental is rejected on the grounds that the latter two designations refer to second order theories rather than divisions within stakeholder theory and the first is a designation which, for (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   49 citations  
  24. Corporations, Stakeholders and Sustainable Development I: A Theoretical Exploration of Business–Society Relations.Reinhard Steurer, Markus E. Langer, Astrid Konrad & André Martinuzzi - 2005 - Journal of Business Ethics 61 (3):263-281.
    Sustainable development (SD) – that is, “Development that meets the needs of current generations without compromising the ability of future generations to meet their needs and aspirations” – can be pursued in many different ways. Stakeholder relations management (SRM) is one such way, through which corporations are confronted with economic, social, and environmental stakeholder claims. This paper lays the groundwork for an empirical analysis of the question of how far SD can be achieved through SRM. It describes the so-called SD–SRM (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   30 citations  
  25.  79
    Stakeholder Influence Strategies: An Empirical Exploration.Jamie R. Hendry - 2005 - Journal of Business Ethics 61 (1):79-99.
    In the present study, I sought to more fully understand stakeholder organizations’ strategies for influencing business firms. I conducted interviews with 28 representatives of four environmental non-governmental organizations (ENGOs): Natural Resources Defense Council (NRDC), Greenpeace, Environmental Defense (ED), and Union of Concerned Scientists (UCS). Qualitative methods were used to analyze this data, and additional data in the form of reviews of websites and other documents was conducted when provided by interviewees or needed to more fully comprehend interviewee’s comments. Six propositions (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   21 citations  
  26. Stakeholders as citizens? Rethinking rights, participation, and democracy.Andrew Crane, Dirk Matten & Jeremy Moon - 2004 - Journal of Business Ethics 53 (1-2):107-122.
    This paper reviews and analyses the implications of citizenship thinking for building ethical institutional arrangements for business. The paper looks at various stakeholder groups whose relation with the company changes quite significantly when one starts to conceptualize it in terms of citizenship. Rather than being simply stakeholders, we could see those groups either as citizens, or as other constituencies participating in the administration of citizenship for others, or in societal governance more broadly. This raises crucial questions about accountability and (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   42 citations  
  27. The Stakeholder Approach: A Sustainability Perspective.Don Clifton & Azlan Amran - 2011 - Journal of Business Ethics 98 (1):121-136.
    This article considers the stakeholder approach (SHA) to organisational management through the lens of what it means for humans to live sustainably on the Earth (that is, for there to be a sustainable world). In particular, the article considers if the SHA, as it is presented in mainstream academic and management literature, is supportive of corporate practices that advance the achievement of a sustainable world. The analysis shows the SHA to have significant failings in this regard when viewed against key (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   8 citations  
  28. What Stakeholder Theory is Not.Andrew C. Wicks - 2003 - Business Ethics Quarterly 13 (4):479-502.
    Abstract:The term stakeholder is a powerful one. This is due, to a significant degree, to its conceptual breadth. The term means different things to different people and hence evokes praise or scorn from a wide variety of scholars and practitioners. Such breadth of interpretation, though one of stakeholder theory’s greatest strengths, is also one of its most prominent theoretical liabilities. The goal of the current paper is like that of a controlled burn that clears away some of the underbrush of (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   166 citations  
  29. Stakeholder Legitimacy.Robert Phillips - 2003 - Business Ethics Quarterly 13 (1):25-41.
    This paper is a preliminary attempt to better understand the concept of legitimacy in stakeholder theory. The normative componentof stakeholder theory plays a central role in the concept of legitimacy. Though the elaboration of legitimacy contained hereinapplies generally to all “normative cores” this paper relies on Phillips’s principle of stakeholder fairness and therefore begins with a brief description of this work. This is followed by a discussion of the importance of legitimacy to stakeholder theory as well as the general ambiguity (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   100 citations  
  30.  50
    Beyond Stakeholder Utility Function: Stakeholder Capability in the Value Creation Process.Elisabet Garriga - 2014 - Journal of Business Ethics 120 (4):489-507.
    In spite of the thousands of articles on stakeholder theory, research on value creation has had a shorter history and narrower breadth. Only a few studies have researched value creation from stakeholder perspective looking at how stakeholders appropiate value or the processes or activities by which stakeholders create value. Consequently to date, certain questions still remain unanswered regarding how a firm should treat stakeholders in order to create value. Several questions arise specifically from the stakeholder's side: What (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   9 citations  
  31.  47
    Stakeholders' Perceptions of Corporate Social Reporting in Bangladesh.Ataur R. Belal & Robin W. Roberts - 2010 - Journal of Business Ethics 97 (2):311 - 324.
    Recent calls in the corporate social reporting (CSRep) literature have emphasized the importance of giving voice to non-managerial stakeholder groups in the social reporting process. The research, presented in this paper, employs recent work in stakeholder theory and CSRep to examine the perceptions of a diverse set of non-managerial stakeholders in the context of a developing country, Bangladesh. A series of semistructured interviews were conducted with individuals who identify with various non-managerial stakeholder groups. Interviewees generally believed that the motivation (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   10 citations  
  32.  80
    Stakeholder Management Capability: A Discourse–Theoretical Approach.Abe Zakhem - 2008 - Journal of Business Ethics 79 (4):395-405.
    Since its inception, Stakeholder Management Capability (SMC) has constituted a powerful hermeneutic through which business organizations have understood and leveraged stakeholder relationships. On this model, achieving a high level of capability largely depends on managerial ability to effectively bargain with stakeholders and establish solidarity vis-à-vis the successful negotiation, implementation, and execution of "win–win" transactional exchanges. Against this account, it is rightly pointed out that a transactional explanation of stakeholder relationships, regarded by many as the bottom line for stakeholder management, (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   11 citations  
  33.  60
    Does Stakeholder Management have a Dark Side?Carmelo Cennamo, Pascual Berrone & Luis R. Gomez-Mejia - 2009 - Journal of Business Ethics 89 (4):491-507.
    This article is a first attempt to line out the conditions under which executives might have a real self-interest in pursuing a broad stakeholder management (SM) orientation to enlarge their power. We suggest that managers have wider latitude of action under an SM approach, even when this is instrumental to financial performance. The causally ambiguity of the performance effects of idiosyncratic relationships with stakeholders not only makes SM strategy difficult for competitors to imitate but also increases managerial discretion. When (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   16 citations  
  34.  18
    Organising Stakeholder Participation in Global Climate Governance: The Effects of Resource Dependency and Institutional Logics in the Green Climate Fund.Jonas Bertilsson - 2023 - Environmental Values 32 (5):555-577.
    Public or stakeholder participation in environmental governance has been strongly advocated within the United Nations (UN) since the early 1990s. A relatively new mechanism for global climate finance that emphasises stakeholder engagement is the Green Climate Fund (GCF), a UN strategy for channelling funds from the Global North to the Global South. Drawing on previous critical approaches to multi-stakeholder involvement in global governance, this article explores stakeholder involvement within the GCF. The study combines ideas from institutional logics and resource dependency (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   1 citation  
  35. Stakeholder Theory, Value, and Firm Performance.Jeffrey S. Harrison & Andrew C. Wicks - 2013 - Business Ethics Quarterly 23 (1):97-124.
    This paper argues that the notion of value has been overly simplified and narrowed to focus on economic returns. Stakeholder theory provides an appropriate lens for considering a more complex perspective of the value that stakeholders seek as well as new ways to measure it. We develop a four-factor perspective for defining value that includes, but extends beyond, the economic value stakeholders seek. To highlight its distinctiveness, we compare this perspective to three other popular performance perspectives. Recommendations are (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   57 citations  
  36.  55
    Stakeholders Matter: How Social Enterprises Address Mission Drift.Tommaso Ramus & Antonino Vaccaro - 2017 - Journal of Business Ethics 143 (2):307-322.
    This study explores social enterprises’ strategies for addressing mission drift. Relying on an inductive comparative case study of two Italian social enterprises, we show how stakeholder engagement combined with social accounting can successfully support a social venture to re-balance its positioning between wealth generation and social value creation. Indeed, stakeholder engagement helps the internal actors of a social enterprise to rationalize and embody pro-social values previously abandoned, while social accounting reinforces this embodiment process by showing the reintroduced social commitment of (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   27 citations  
  37.  84
    Evaluating Stakeholder Theory.J. Kaler - 2006 - Journal of Business Ethics 69 (3):249-268.
    This paper is the third in a series of four that is directed at understanding and assessing stakeholder theory for the purposes of business ethics. It addresses the suitability and viability of the theory, rejecting objections of a moral and efficiency sort based (respectively) on claims about property rights and the economic superiority of the alternative stockholder approach, but accepting that implementation problems require limiting both the number of groupings admitted to stakeholder status and the degree of responsibility towards them. (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   16 citations  
  38.  50
    Sustainable Stakeholder Capitalism: A Moral Vision of Responsible Global Financial Risk Management.Joseph A. Petrick - 2011 - Journal of Business Ethics 99 (S1):93-109.
    The author identifies the major micro-, meso-, and macro-level financial risk shifting factors that contributed to the Great Global Recession and how the absence of a compelling moral vision of responsible financial risk management perpetuated the economic crisis and undermined the recovery by blind reliance upon insufficiently accountable bailouts. The author offers a new theoretical model of Sustainable Stakeholder Capitalism by exercising moral imagination which inclusively and moderately balances four multi-level factors: types of capitalism, moral theories, human nature drives, and (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   4 citations  
  39.  61
    Stakeholder Theory at the Crossroads.Jeffrey S. Harrison & Jay B. Barney - 2020 - Business and Society 59 (2):203-212.
    The stakeholder perspective has provided a rich forum for a variety of debates at the intersection of business and society. Scholars gathered for two consecutive years, first in North America, and then in Europe, to discuss the major issues surrounding what has come to be known as stakeholder theory, to attempt to find common ground, and to uncover areas in need of further inquiry. Those meetings led to a list of “tensions” and a call for papers for this special issue (...)
    No categories
    Direct download  
     
    Export citation  
     
    Bookmark   8 citations  
  40.  90
    Stakeholder Management Theory, Firm Strategy, and Ambidexterity.Mario Minoja - 2012 - Journal of Business Ethics 109 (1):67-82.
    Stakeholder theory scholars have recently addressed two crucial calls: the first is for the integration of strategy and ethics, of stakeholder theory and strategic management, and the second call is for the development of a dynamic approach to stakeholder management. I have attempted to answer these calls by developing a theoretical framework that links together stakeholder management, stakeholder commitment to cooperate with the firm, key decision makers’ ethical commitment, and firm strategy. Starting from the basic assumption that managers cannot meet (...)
    Direct download (4 more)  
     
    Export citation  
     
    Bookmark   6 citations  
  41.  34
    Mitigating Stakeholder Marginalisation with the Relational Self.Krista Bondy & Aurelie Charles - 2020 - Journal of Business Ethics 165 (1):67-82.
    Stakeholder theory has been an incredibly powerful tool for understanding and improving organisations, and their relationship with other actors in society. That these critical ideas are now accepted within mainstream business is due in no small part to the influence of stakeholder theory. However, improvements to stakeholder engagement through stakeholder theory have tended to help stakeholders who are already somewhat powerful within organisational settings, while those who are less powerful continue to be marginalised and routinely ignored. In this paper, (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   5 citations  
  42.  32
    Harmful Stakeholder Strategies.Jeffrey S. Harrison & Andrew C. Wicks - 2019 - Journal of Business Ethics 169 (3):405-419.
    Stakeholder theory focuses on how more value is created if stakeholder relationships are governed by ethical principles such as integrity, respect, fairness, generosity and inclusiveness. However, it has not adequately addressed strategies that stakeholders perceive as harmful to their interests and how this perception can even lead some stakeholders to view the firm’s strategies as unethical. To fill the void, this paper directly addresses strategies that stakeholders perceive as harmful to their interests, or what we refer to (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   10 citations  
  43. The stakeholder theory and the common good.Antonio Argandoña - 1998 - Journal of Business Ethics 17 (9-10):1093-1102.
    The theory of the social responsibility of the firm oscillates between two extremes: one that reduces the firm's responsibility to the obtainment of (the greatest possible) profit for its shareholders, and another that extends the firm's responsibility to include a wide range of actors with an interest or "stake" in the firm. The stakeholder theory of the social responsibility of business is more appealing from an ethical point of view, and yet it lacks a solid foundation that would be acceptable (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   82 citations  
  44. Stakeholder Theory: A Libertarian Defense.R. Edward Freeman & Robert A. Phillips - 2002 - Business Ethics Quarterly 12 (3):331-349.
    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 (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   75 citations  
  45.  14
    Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests.S. J. Reynolds, F. C. Schultz & D. R. Hekman - 2006 - Journal of Business Ethics 64 (3):285-301.
    Stakeholder theory is widely recognized as a management theory, yet very little research has considered its implications for individual managerial decision-making. In the two studies reported here, we used stakeholder theory to examine managerial decisions about balancing stakeholder interests. Results of Study 1 suggest that indivisible resources and unequal levels of stakeholder saliency constrain managers’ efforts to balance stakeholder interests. Resource divisibility also influenced whether managers used a within-decision or an across-decision approach to balance stakeholder interests. In Study 2 we (...)
    Direct download  
     
    Export citation  
     
    Bookmark   21 citations  
  46. Stakeholder theory, corporate governance and public management: What can the history of state-run enterprises teach us in the post-enron era?Joseph Heath & Wayne Norman - 2004 - Journal of Business Ethics 53 (3):247-265.
    This paper raises a challenge for those who assume that corporate social responsibility and good corporate governance naturally go hand-in-hand. The recent spate of corporate scandals in the United States and elsewhere has dramatized, once again, the severity of the agency problems that may arise between managers and shareholders. These scandals remind us that even if we adopt an extremely narrow concept of managerial responsibility – such that we recognize no social responsibility beyond the obligation to maximize shareholder value – (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   41 citations  
  47.  26
    A Stakeholder Identity Orientation Approach to Corporate Social Performance in Family Firms.John B. Bingham, W. Gibb Dyer, Isaac Smith & Gregory L. Adams - 2011 - Journal of Business Ethics 99 (4):565-585.
    Extending the dialogue on corporate social performance as descriptive stakeholder management, we examine differences in CSP activity between family and nonfamily firms. We argue that CSP activity can be explained by the firm’s identity orientation toward stakeholders. Specifically, individualistic, relational, or collectivistic identity orientations can describe a firm’s level of CSP activity toward certain stakeholders. Family firms, we suggest, adopt a more relational orientation toward their stakeholders than nonfamily firms, and thus engage in higher levels of CSP. (...)
    Direct download (2 more)  
     
    Export citation  
     
    Bookmark   32 citations  
  48. Stakeholders and the Moral Responsibilities of Business.Bruce Langtry - 1994 - Business Ethics Quarterly 4 (4):431-443.
    This paper discusses the normative ethical theory of the business firm advanced principally by William E. Evan and R. Edward Freeman. According to their stakeholder theory, the firm should be managed for the benefit of its stakeholders: indeed, management has a fiduciary obligation to stakeholders to act as their agent. In this paper I seek to clarify the theory by discussing the concept of a stakeholder and by distinguishing stakeholder theory from two varieties of stockholder theory-I call them (...)
    Direct download (6 more)  
     
    Export citation  
     
    Bookmark   42 citations  
  49. Stakeholder Management Theory: A Critical Theory Perspective.Darryl Reed - 1999 - Business Ethics Quarterly 9 (3):453-483.
    Abstract:This article elaborates a normative Stakeholder Management Theory (SHMT) from a critical theory perspective. The paper argues that the normative theory elaborated by critical theorists such as Habermas exhibits important advantages over its rivals and that these advantages provide the basis for a theoretically more adequate version of SHMT. In the first section of the paper an account is given of normative theory from a critical theory perspective and its advantages over rival traditions. A key characteristic of the critical theory (...)
    Direct download (5 more)  
     
    Export citation  
     
    Bookmark   47 citations  
  50.  72
    Stakeholder perspectives on ethical challenges in hiv vaccine trials in south Africa.Zaynab Essack, Jennifer Koen, Nicola Barsdorf, Catherine Slack, Michael Quayle, Cecilia Milford, Graham Lindegger, Chitra Ranchod & Richard Mukuka - 2009 - Developing World Bioethics 10 (1):11-21.
    There is little published literature on the ethical concerns of stakeholders in HIV vaccine trials. This study explored the ethical challenges identified by various stakeholders, through an open-ended, in-depth approach. While the few previous studies have been largely quantitative, respondents in this study had the opportunity to spontaneously identify the issues that they perceived to be of priority concern in the South African context. Stakeholders spontaneously identified the following as ethical priorities: informed consent, social harms, collaborative relationships (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   6 citations  
1 — 50 / 1000