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Scientific Article details

Title Stakeholder Theory: The State of the Art
ID_Doc 73091
Authors Parmar, BL; Freeman, RE; Harrison, JS; Wicks, AC; Purnell, L; de Colle, S
Title Stakeholder Theory: The State of the Art
Year 2010
Published
DOI 10.1080/19416520.2010.495581
Abstract For the last 30 years a growing number of scholars and practitioners have been experimenting with concepts and models that facilitate our understanding of the complexities of today's business challenges. Among these, "stakeholder theory" or "stakeholder thinking" has emerged as a new narrative to understand and remedy three interconnected business problems-the problem of understanding how value is created and traded, the problem of connecting ethics and capitalism, and the problem of helping managers think about management such that the first two problems are addressed. In this article, we review the major uses and adaptations of stakeholder theory across a broad array of disciplines such as business ethics, corporate strategy, finance, accounting, management, and marketing. We also evaluate and suggest future directions in which research on stakeholder theory can continue to provide useful insights into the practice of sustainable and ethical value creation.
Author Keywords
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000286416100007
WoS Category Business; Management
Research Area Business & Economics
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