Journal ArticleDOI
Stakeholder Theory and Public Policy: How Governments Matter
TLDR
The Social Issues in Management Division has had a long history of research into various aspects of governmental influences on business as discussed by the authors, however, recent years have seen stakeholder theory sort of sweep the field, and under a stakeholders theory of capitalism, governments will matter less then they have in the past as stakeholder principles are implemented throughout the corporate world.Abstract:
The Social Issues in Management Division has had a long history of research into various aspects of governmental influences on business. Recent years, however, have seen stakeholder theory sort of sweep the field, and under a stakeholder theory of capitalism, governments will matter less then they have in the past as stakeholder principles are implemented throughout the corporate world. This article will examine the nature of this claim by discussing problems with the implementation of stakeholder theory and examining the role of public policy in our society.read more
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Journal ArticleDOI
Stakeholder Theory: Reviewing a Theory That Moves Us
TL;DR: In this paper, the authors reviewed the academic stakeholder theory literature as it developed between 1984 and 2007 and found five themes: (a) stakeholder definition and salience, (b) stake holder actions and responses, (c) firm actions and response, (d) firm performance, and (e) theory debates.
Journal ArticleDOI
Towards a Property Rights Foundation for a Stakeholder Theory of the Firm
TL;DR: In this paper, the authors argue that due to the changing nature of the firm in todays business world, viewing shareholders as the sole residual claimants is an increasingly tenuous description of the actual relationships among a firms various stakeholders.
Journal ArticleDOI
The Role of MNEs in Community Development Initiatives in Developing Countries Corporate Social Responsibility at Work in Nigeria and South Africa
TL;DR: In this article, the role of MNEs in community development initiatives in developing countries, using the Nigeria oil industry and the South African mining industry as case study, is examined.
Journal ArticleDOI
The Stakeholder Approach: A Sustainability Perspective
Don Clifton,Azlan Amran +1 more
TL;DR: In this paper, the authors consider 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).
Journal ArticleDOI
Contextualizing Corporate Political Responsibilities: Neoliberal CSR in Historical Perspective
TL;DR: A historical contextualization of Corporate Social Responsibility (CSR) and its political role is presented in this article, which shows that the frontier between economy and polity has always been blurry and shifting and that firms played a political role for a very long time.
References
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Book
Strategic Management: A Stakeholder Approach
TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Journal ArticleDOI
The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
Thomas Donaldson,Lee E. Preston +1 more
TL;DR: In this article, the authors examine three aspects of the stakeholder theory and critique and integrate important contributions to the literature related to each, concluding that the three aspects are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental.
Book ChapterDOI
The Social Responsibility of Business Is to Increase Its Profits
TL;DR: When I hear businessmen speak eloquently about the social responsibilities of business in a free-enterprise system, I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life as mentioned in this paper.
Related Papers (5)
Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts
The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
Thomas Donaldson,Lee E. Preston +1 more