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3 unusual facts about stakeholder theory


Stakeholder

Stakeholder theory, a theory that identifies and models the groups which are stakeholders of a corporation or project

Stakeholder theory

It was originally detailed by R. Edward Freeman in the book Strategic Management: A Stakeholder Approach, and identifies and models the groups which are stakeholders of a corporation, and both describes and recommends methods by which management can give due regard to the interests of those groups.

The political philosopher Charles Blattberg has criticized stakeholder theory for assuming that the interests of the various stakeholders can be, at best, compromised or balanced against each other.


R. Edward Freeman

Freeman also provided the chapters on stakeholder theory and stakeholder management for the world's first "Dictionary of CSR", the Institute for Corporate Culture Affairs "A to Z of Corporate Social Responsibility"


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