Stakeholder Theory A Model for Strategic Management 1st edition by Maria Bonnafous Boucher, Jacob Dahl Rendtorff 9783319443560 3319443569

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ISBN 10: 3319443569
ISBN 13: 9783319443560
Author: Maria Bonnafous-Boucher; Jacob Dahl Rendtorff

This book provides an academic introduction to, and presentation and defence of stakeholder theory as a model for the strategic management of businesses and corporations, as well as of public organizations and institutions. The concept of the stakeholder is generally applied to parties that affect or are affected by the activities of private or public organizations. Distinct from shareholders, stakeholders are those individuals, entities or communities that have a connection with the activities of a corporation, a firm or an organization. The notion of the stakeholder is intimately linked to a conception of the business firm as an entity founded on negotiated governance, in which the maximization of value for the shareholder is not the ultimate criterion. In this model, issues and interests that are not directly associated with shareholders and investors, but which go beyond capital to encompass the concerns of civil society, are considered to be of central importance. This book provides a broad overview of stakeholder theory, presenting it as an ethical approach to strategic management that is both pragmatic and applicable to developing democratic practices within corporations, while at the same time suggesting ways in which elements of a social contract can be elaborated within the context of globalization.

Stakeholder Theory A Model for Strategic Management 1st Table of contents:

Chapter 1: From “The Stakeholder” to Stakeholder Theory

• Definitions
• Conceptual Framework: R. E. Freeman (1984–2010) and His Followers
• Parameters of the Theory
• Epistemological Debates and Theoretical Pluralism
• Is Stakeholder Theory a Theory?
• A Concrete Theory: Categorizing the Actors Who Count in Corporate Strategy
• A Theoretical Pluralism Revealed by Donaldson and Preston (1995)
• Critiques of the Theory
• The Scope of the Theory and Its Potential for Expansion

Chapter 2: Stakeholder Theory in Strategic Management

• Representations of the Corporation in Strategic Management and the Emergence of Stakeholder T
• Between 1950 and 1968, an Economistic Approach to the Corporation
• 1968 and 1985: Strategic Representations of the Corporation
• 1985 and 1995: A Financial Vision Combined with Multi-Criteria Performance and a Conception
• Since 1995: A Multitude of Different Perspectives
• The Role of Stakeholder Theory in Corporate Strategy
• The Corporation Between Dependence on the Environment and Policy Self-Determination
• Stakeholder Theory: Promoting Strategic Management, 1970–1980
• A Pluralist Representation of the Corporation and of the Organization: Toward Partnership-Based Models
• Strategic Models Which Are Not Congruent with Stakeholder Theory: Michael Porter
  • Michael Porter’s Competitive Advantage
  • Richard D’Aveni’s Hyper-Competition Model (1994–2010)
• Strategic Models Compatible with Stakeholder Theory
  • The Corporation as a Political System: The Francophone School of 1980–2009
  • Resource and Skills-Based Strategy
  • The Relational View
• Impact of Stakeholder Theory on Strategic Marketing and Research in Negotiation
• Conclusion

Chapter 3: Stakeholder Theory as a Theory of Organizations

• Stakeholder Theory, a Factor of Change in Organization Theory
• From Structure to Its Fragmentation: The Internationalization of Organizations and of Inter-Organizational Relations
• The Increasing Internationalized of Firms: From Very Large Companies to Companies That Are Born Global
• International Regulatory Organizations with a Global Vocation
• Public Organizations Undergoing Profound Changes
• Organization Theory and Stakeholder Theory
• The Organization as Relation and as Organized But Unexpected Action
• Organized Action as Sensemaking
• Other Currents Relevant to Stakeholder Theory
  • The Neo-Institutionalist Current
  • Political Approaches
• Conclusion

Chapter 4: Political Philosophy Interpellated by Stakeholder Theory

• Conflict Between Institutions and Organizations
• From Civil Society to Stakeholder Society?
• The Hegelian Theory of Civil Society
• Three Factors of Correspondence Between Civil Society and Stakeholder Society
• Stakeholder Theory and the Social Contract
• A Non-social Contract: The Firm as a Network of Contracts
• Stakeholder Theory’s Social Contract: An Alternative to the Theory of the Firm
• The Social Contract: From Rhetoric to Reality
• The Relevance of the Social Contract to Stakeholder Theory
• Conclusion

Chapter 5: Stakeholder Theory and Ethics

• Ethics: Justice, Equality and Fairness
• From the Ethics of Discussion to Deliberative Rationality
• The Paradox of Stakeholders in Business Ethics
• Stakeholder Theory and the Common Good: Contrasting Conceptions
• Equity and Justice as Management Principles: Robert Phillips and John Rawls
• Deconstruction of the Paradigm of Justice and Ethics
• Conclusion

General Conclusion

• Bibliography

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