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Stakeholder Theory

Stakeholder Theory
The State of the Art

$55.99 (P)

  • Date Published: May 2010
  • availability: Available
  • format: Paperback
  • isbn: 9780521137935

$ 55.99 (P)

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About the Authors
  • In 1984, R. Edward Freeman published his landmark book, Strategic Management: A Stakeholder Approach, a work that set the agenda for what we now call stakeholder theory. In the intervening years, the literature on stakeholder theory has become vast and diverse. This book examines this body of research and assesses its relevance for our understanding of modern business. Beginning with a discussion of the origins and development of stakeholder theory, it shows how this corpus of theory has influenced a variety of different fields, including strategic management, finance, accounting, management, marketing, law, health care, public policy, and environment. It also features in-depth discussions of two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility. The book concludes by arguing that we should re-frame capitalism in the terms of stakeholder theory so that we come to see business as creating value for stakeholders.

    • Encourages business practitioners and academics to think more deeply about the purpose of business, and whom it should benefit
    • Historical overview of stakeholder theory puts its development in context
    • Explores future directions for research to help the reader advance beyond current thinking on stakeholder theory
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    Reviews & endorsements

    “The book is a great tool for those who want to have a deep understanding of different perspectives of stakeholder theory. It draws together research of over thirty years as it has been applied in a number of business contexts, in a way that allows readers to understand the evolution of theory, how it has been applied and what future avenues need exploration.”
    Michael Jay Polonsky, Professor of Marketing, Deakin University, Melbourne

    “Ed Freeman and his colleagues have produced an erudite, subtle, vigorously argued account of stakeholder theory. Their provocative book will not be the last word on the subject, but it is the best contribution so far to an extraordinarily important conversation.”
    Edwin Hartman, Peter and Charlotte Schoenfeld Faculty Fellow and Visiting Professor of Business Ethics, Leonard N. Stern School of Business, New York University

    "Stakeholder Theory: The State of the Art is a magnificent book. It is global in scope, well documented, and coherently argued. It has much to offer all the various business disciplines. Most importantly it provides principles and guidelines for a more just and humane capitalism as well as a more successful capitalism of value creation. If followed, the separation thesis would be a thing of the past and business ethics would no longer be considered an oxymoron. A book that can hold out that hope deserves our attention."
    Norman E Bowie, University of Minnesota, Business Ethics Quarterly

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    Product details

    • Date Published: May 2010
    • format: Paperback
    • isbn: 9780521137935
    • length: 362 pages
    • dimensions: 246 x 173 x 17 mm
    • weight: 0.72kg
    • contains: 5 b/w illus.
    • availability: Available
  • Table of Contents

    List of figures
    Part I. The Genesis of Stakeholder Theory:
    1. The problems that stakeholder theory tries to solve
    2. The development of stakeholder theory: a brief history
    3. Stakeholder theory, pragmatism, and method
    Part II. Stakeholder Theory and the Traditional Disciplines of Business:
    4. Stakeholder theory and strategic management
    5. Stakeholder theory in finance, accounting, management and marketing
    6. Stakeholder theory in law, health care, public policy and environment
    Part III. Stakeholder Theory, Ethics, and Corporate Social Responsibility (CSR):
    7. Stakeholder theory and business ethics
    8. Stakeholder theory and corporate social responsibility (CSR)
    Part IV. Stakeholder Theory: Some Future Possibilities:
    9. Stakeholder theory and capitalism
    10. Questions on the horizon

  • Instructors have used or reviewed this title for the following courses

    • Ethics and Globalization
    • Food and Agribusiness Strategic Management
    • Law, Ethics and Stewardship
    • Organizational Behavior and Business Ethics
    • Social Impact of American Business
    • Stakeholder Management
  • Authors

    R. Edward Freeman, University of Virginia
    R. Edward Freeman is Olsson Professor of Business Administration and Co-Director of the Olsson Center for Applied Ethics at the Darden School of Business, University of Virginia.

    Jeffrey S. Harrison, University of Richmond, Virginia
    Jeffrey S. Harrison is the W. David Robbins Chair of Strategic Management and Director of the Innovation and Entrepreneurship Program at the Robins School of Business, University of Richmond.

    Andrew C. Wicks, University of Virginia
    Andrew C. Wicks is Associate Professor of Business Administration, Co-Director of the Olsson Center for Ethics, and Academic Advisor for the Business Roundtable Institute for Corporate Ethics at the Darden School of Business, University of Virginia.

    Bidhan L. Parmar, University of Virginia
    Bidhan Parmar is Lecturer in Business Administration at the Darden School of Business, University of Virginia.

    Simone de Colle, University of Virginia
    Simone de Colle is a PhD candidate in management and business ethics at the Darden School of Business, University of Virginia.

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