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DOES STAKEHOLDER ORIENTATION MATTER? THE

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Issue:

Business

 

Written by:

Neal S

 

Date added:

June 27, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

45 / 12495

 

Was viewed:

9784 times

 

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Essay content:

Tbe results provide support for a strategic stakebolder management model hut no support for an intrinsic stakeholder commitment model. Implications of these findings for management practice and future research are discussed. Freeman (1984) made a persuasive case that systematic managerial attention to stakeholder interests is critical to firm success, a claim not yet tested in the literature...
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Although Freeman's early work introduced many of the central themes of stakeholder- related research, the conceptual contribution of Donaldson and Preston (1995) has framed much of the recent dialogue and suggests why little serious empirical work has been attempted. Their taxonomy of stakeholder theory types—normative, instrumental, and descriptive/empirical—has required the authors of subsequent work to become more precise in tbeir terminology and more coherent in their thinking about stakeholder relationships...
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