Stakeholders: Theory and PracticeThe research on social discourse in societies, firms, and organizations written by researchers working in fields such as Management, Corporate Governance, Accounting and Finance, Strategy, Sociology, and Politics often make reference to the term 'stakeholder'. Yet the concept of the 'stakeholder' is unclear, and research around it often muddled. This book provides an analysis, classification, and critique of the various strands of theory about stakeholders. The authors place these theories both in the context of their philosophical underpinnings, and their practical and policy implications. Practical examples based on new data are used to examine a diverse range of stakeholders, and the relationships stakeholders have with their organizations. This is the first book on stakeholder theory to propose a critical analysis, both at the macro and micro level, that is framed and guided by theory. Written to provide both order and clarity to research into the concept of the stakeholder, the book is also written as an introduction for students. It includes chapter introductions, useful tables and figures, short vignettes on key concepts and issues, and discussion questions. |
Contents
THEORY AND THEORETICAL ISSUES | 17 |
Normative stakeholder theorizing | 36 |
Analytic stakeholder theorizing | 83 |
QuestionsExercises | 116 |
MANAGEMENT STAKEHOLDERS AND INTERMEDIARIES | 147 |
Stakeholder strategies and actions | 188 |
Intermediaries the media and stakeholder mismanagement | 220 |
POLICY AND MANAGEMENT EDUCATION | 241 |
The Stakeholder concept and fields of management thought | 289 |
299 | |
323 | |
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accounting achieve actions activities analysis argued assessment associated behaviour boycott Business Ethics cent CESER Chewco claims concerns conflict considered consumer contd contract contributions corporate behaviour corporate governance Corporate Social costs customers decision-making definition dialogue discourse ethics Donaldson and Preston easyJet economic effective employees Enron environment Environmental Reporting example fiduciary duties firm focal organizations Freeman Frooman funds Global Greenpeace guidelines holder identified impact individual influence institutions intermediaries investment investors involve ISCT issues Jones and Wicks legitimacy Loblaws moral NGOs normative stakeholder theory organization-stakeholder relations organizational Parmalat performance postmodern potential practice principles relationship Section shareholder resolution shareholders social responsibility society stake stakeholder concept stakeholder engagement stakeholder groups stakeholder interests stakeholder laws stakeholder management stakeholder relations stakeholder strategies Starbucks stockholders suggests suppliers Vignette Virtue ethics