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A Stakeholder Approach to Strategic Management

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Corporate Social Responsibility Reporting Corporate Social Responsibility and Sustainability Organizational Strategy and Culture

Abstract

The purpose of this chapter is to outline the development of the idea of “stakeholder management” as it has come to be applied in strategic management. We begin by developing a brief history of the concept. We then suggest that traditionally the stakeholder approach to strategic management has several related characteristics that serve as distinguishing features. We review recent work on stakeholder theory and suggest how stakeholder management has affected the practice of management. We end by suggesting further research questions.

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2010Strategic management a stakeholder approach 1980Competitive Strategy: Techniques for Analyzing Industries and Competitors 1987The Economic Institutions of Capitalism 1979The Social Psychology of Organizations.1997Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications 1995A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications

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2010Strategic Management of Stakeholders: Theory and Practice 2006Global Rules and Private Actors: Toward a New Role of the Transnational Corporation in Global Governance 2015Valuation effects of corporate social responsibility 2011Cooperation among prominent actors in a tourist destination 2011Stakeholder theory: issues to resolve 2007

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