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Strategic Management: THE STAKEHOLDER APPROACH

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The article was published on 2010-03-01 and is currently open access. It has received 18472 citations till now. The article focuses on the topics: Stakeholder theory & Strategic management.

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Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts

TL;DR: In this paper, a theory of stakeholder identification and saliency based on stakeholders possessing one or more of three relationship attributes (power, legitimacy, and urgency) is proposed, and a typology of stakeholders, propositions concerning their saliency to managers of the firm, and research and management implications.
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The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications

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.
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A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance

TL;DR: In this paper, the authors present conclusions from a 10-year research program, the purpose of which has been to develop a framework and methodology, grounded in the reality of corporate behavior, for analyzing and evaluating corporate social performance.
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Corporate Social and Financial Performance: A Meta-Analysis

TL;DR: This article conducted a meta-analysis of 52 studies and found that corporate virtue in the form of social responsibility and, to a lesser extent, environmental responsibility is likely to pay off, although the operationalizations of CSP and CFP also moderate the positive association.
Journal ArticleDOI

Corporate Social Responsibility: Evolution of a Definitional Construct

TL;DR: In this article, the authors trace the evolution of the concept and definition of corporate social responsibility (CSR) and present an interesting history associated with the evolution and evolution of CSR.