Stakeholders theory and practice

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Hauptverfasser: Friedman, Andrew L. (VerfasserIn), Miles, Samantha (VerfasserIn)
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Sprache:English
Veröffentlicht: Oxford [u.a.] Oxford Univ. Press 2009
Ausgabe:Repr.
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Datensatz im Suchindex

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adam_text CONTENTS PREFACE VII LIST OF FIGURES XX LIST OF TABLES XXII LIST OF VIGNETTES XXIII LIST OF ABBREVIATIONS XXV ACKNOWLEDGEMENTS XXIX 1 Introduction 1 1.1 The stakeholder concept 1 1.2 Context of the stakeholder concept and its popularity 3 1.3 Stakeholder definitions: profusion and some confusion 3 1.3.1 What is a stakeholder? 4 1.3.2 A model of stakeholder definitions 10 1.3.3 Who are stakeholders? 13 Questions/Exercises 15 PART I THEORY AND THEORETICAL ISSUES 17 2 History and the nature of stakeholder theorizing 19 2.1 Introduction 19 2.2 The soulless corporation 19 2.3 Early uses of the stakeholder concept (pre-Freeman 1984) 21 2.3.1 Corporate social responsibility 21 2.3.2 Management and corporate strategy 23 2.4 Freeman (1984): the pivotal contribution to the stakeholder literature 25 2.5 Recent popularity of the stakeholder concept 28 2.6 Normative, instrumental, and descriptive stakeholder theory: Donaldson and Preston (1995) 28 2.7 Case 2.1: public use of private property and responsibility to stakeholders: the Berle and Dodd debate 31 2.7.1 The context 31 2.7.2 The debate 31 Questions/Exercises 35 xiv COMTENTS 3 Normative stakeholder theorizing 36 3.1 Introduction 36 3.2 Classifying normative stakeholder theories 37 3.2.1 A framework for discussing normative theories: Bishop (2000) 37 3.2.2 Liberal pragmatism (pluralism): Freeman (1994) 38 3.2.3 A classification of normative stakeholder theories: Hendry (2001) 39 3.2.4 A taxonomy of normative stakeholder theories 40 3.2.4.1 Normativity: futurity 40 3.2.4.2 Normativity: outcomes versus justifications 42 3.2.4.3 Elaboration of the first kind of theories 43 3.2.4.4 Elaboration of the second kind of theories 43 3.2.4.5 Targets of normativity: agency 44 3.3 Normative theories of the first kind 45 3.3.1 Ecology and spirituality: Starik (1994) 45 3.3.2 Kantian stakeholder theories 46 3.3.2.1 Kantian capitalism: Evan and Freeman (1988, 1993) 47 3.3.2.2 Kantian capitalism: Bowie (1999) 49 3.3.3 Habermasian discourse ethics: Reed (1999, 2002) 50 3.3.4 Integrative social contracts theory: Donaldson and Dunfee (1994, 1999) 54 3.3.5 Rawlsian stakeholder theory 57 3.3.5.1 Fair contracts: Freeman (1994, 2004) 58 3.3.5.2 Stakeholder fairness: Phillips (1997, 2003Ò) 59 3.3.6 The common good: Argandoña (1998) 62 3.4 Normative theories of the second kind 64 3.4.1 Feminist theories 64 3.4.1.1 Feminist reinterpretation: Wicks, Gilbert, and Freeman (1994) 66 3.4.1.2 Feminist ethics: Burton and Dunn (1996) 67 3.4.2 Postmodern normative theories 68 3.4.2.1 Stakeholder enabling: Calton and Kurland (1995) 70 3.4.3 Stakeholders as investors 72 3.4.3.1 Whose interests should corporations serve? Blair (1998) 72 3.4.3.2 Dual investor theory: Schlossberger (1994) 73 3.4.3.3 Communitarian theory: Etzioni (1996, 1998) 74 3.5 Normative theories of the third kind 76 3.5.1 Property rights: Donaldson and Preston (1995) 76 CONTENTS xv 3.5.2 Stakeholder paradox: Goodpaster (1991) 76 3.5.3 Public policy: Boatright (1994) 78 3.5.4 Aristotelian stakeholder theory: Wijnberg (2000) 79 Questions/Exercises 80 4 Analytic stakeholder theorizing 83 4.1 Introduction 83 4.2 Strategic/instrumental and organization-centric stakeholder models 84 4.2.1 Strategic management: Freeman (1984) 84 4.2.2 Strategies for assessing and managing stakeholders: Savage et al. (1991) 87 4.2.3 A stakeholder framework for analysing and evaluating corporate social performance: Clarkson (1995) 89 4.2.4 Instrumental stakeholder theory: Jones (1995) 90 4.2.5 Stakeholder identification and salience: Mitchell, Agle, and Wood (1997) 94 4.2.6 A network theory of stakeholder influences: Rowley (1997) 97 4.2.7 An organization life cycle approach: Jawahar and McLaughlin(2001) 99 4.3 Strategic/instrumental and relationship-focused stakeholder models 101 4.3.1 Critical realist stakeholder theory: Friedman and Miles (2002) 101 4.4 Descriptive/positive and relationship-focused stakeholder models 106 4.4.1 Stakeholder-agency theory: Hill and Jones (1992) 106 4.5 Strategic/instrumental and stakeholder-centric stakeholder models 110 4.5.1 Stakeholder influencing strategies: Frooman (1999) 110 4.5.2 An interest- and identity-based model of stakeholder group mobilization: Rowley and Moldoveanu (2003) 112 4.6 Comparison of strategic stakeholder models 114 Questions/Exercises 11 б 5 General theoretical stakeholder issues 118 5.1 Introduction 118 5.2 Critiques of the stakeholder concept 119 5.2.1 Weakening the fiduciary duty owed by managers to stockholders 119 5.2.2 Weakening the power of certain stakeholder groups 121 5.2.3 Weakening the corporation as a whole 121 5.2.4 Altering the long-term characteristics of the capitalist system 122 xviii CONTENTS 7.7.3 Direct activism 214 7.7.4 Mod if ied vendettas 217 7.8 Conclusion 217 Questions/Exercises 218 8 Intermediaries, the media, and stakeholder mismanagement 220 8.1 Introduction 220 8.2 Intermediaries in the organization-stakeholder relationship 221 8.2.1 Intermediaries supporting stakeholders to influence focal organizations 222 8.2.2 Intermediaries in organization strategies to influence stakeholders 224 8.2.3 Commonalities and asymmetries between intermediaries acting for focal organizations and stakeholders 225 8.3 (Mass) media as an intermediary 227 8.3.1 Introduction 227 8.3.2 Theories of the (mass) media 228 8.3.3 A model of mass media to analyse organization-stakeholder relations 230 8.3.3.1 Basic media model for analysing organization-stakeholder relations 230 8.4 Stakeholder mismanagement and the role of the media 233 8.5 Case study: suppliers as stakeholders at Marks & Spencer (UK) 237 Questions/Exercises 240 PARTIM POLICY AND MANAGEMENT EDUCATION 241 9 National and international stakeholder policies 243 9.1 Introduction 243 9.2 A framework for assessing national and international policy 244 9.2.1 Level of stakeholder intervention 246 9.2.2 Nature of stakeholder enforcement 247 9.2.3 Effectiveness of stakeholder enforcement 248 9.3 Corporate social responsibility guidelines, laws, and regulations 250 9.3.1 National and international regulations 250 9.3.1.1 Laws and regulations concerning specific stakeholder groups 250 9.3.1.2 Laws and regulations to protect stakeholders as a general category 253 9.3.2 International voluntary CSR guidelines 255 CONTENTS xix 9.4 Corporate governance 257 9.5 Corporate environmental, social, and ethical reporting 260 9.5.1 National CESER regulations 261 9.5.2 Voluntary CESER guidelines 263 9.5.3 Corporate benchmarking and pioneer reporters 264 9.5.4 Professional benchmarking 264 9.5.5 CESER awards schemes around the world 266 9.6 Case 9.1: Enron and Arthur Andersen 269 Questions/Exercises 274 Appendix 9.1 275 Appendix 9.2 281 10 The Stakeholder concept and fields of management thought 289 10.1 Introduction 289 10.2 The influence of the stakeholder concept on fields of management thought 290 10.3 Conclusion 297 Questions/Exercises 298 REFERENCES 299 INDEX 323
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spellingShingle Friedman, Andrew L.
Miles, Samantha
Stakeholders theory and practice
Strategisches Management (DE-588)4124261-0 gnd
Stakeholder (DE-588)4300861-6 gnd
subject_GND (DE-588)4124261-0
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title Stakeholders theory and practice
title_auth Stakeholders theory and practice
title_exact_search Stakeholders theory and practice
title_full Stakeholders theory and practice Andrew L. Friedman and Samantha Miles
title_fullStr Stakeholders theory and practice Andrew L. Friedman and Samantha Miles
title_full_unstemmed Stakeholders theory and practice Andrew L. Friedman and Samantha Miles
title_short Stakeholders
title_sort stakeholders theory and practice
title_sub theory and practice
topic Strategisches Management (DE-588)4124261-0 gnd
Stakeholder (DE-588)4300861-6 gnd
topic_facet Strategisches Management
Stakeholder
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