Making stakeholder theory whole
Article Abstract:
Jones and Wicks' work seeks to create a conceptual glue that can bind the divergent strands of stakeholder theory into a cohesive whole. In this sense, their work is laudable. Unfortunately, the glue they summon up is not sufficiently strong and fails to accomplish its purpose. A better way to create a more coherent stakeholder theory would be to evolve a model based on the psychological analysis of the ordinary business manager.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
The structure of optimal trust: moral and strategic implications
Article Abstract:
The concept of optimal trust is important for firms to understand so that they will not fall into the trap of misallocating resources or miss out on cost-saving opportunities. Strategic choices involve trust and thus, managers who are decision makers should develop optimal trust. Findings on the application of optimal trust link it to improved performance of the firm as well as enhanced relationships with various stakeholders.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Convergent stakeholder theory
Article Abstract:
A convergent stakeholder theory that incorporates elements of the social science approach and the normative ethics approach is proposed. This theoretical view of organizations helps to explain why managers can develop morally sound approaches to business and then ensure that they work. This unabashedly normative view of organizations is supported by instrumental arguments that illustrate the convergent theory's practicability.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hazards ahead for the unwary e-trader. Stuck between hype and reality
- Abstracts: Marketing services are gobbled up, and other tales of agency consolidation
- Abstracts: Telecom Italia shareholders to vote on defense strategy. The executive who captured Telecom Italia. Telecom shareholders grumble over Olivetti bid
- Abstracts: Echoes of the silent language of project management. Global work teams: a cultural perspective. A parallel WBS for international projects
- Abstracts: You think your commute is bad? Try this. A web page kit full of tools for beginners. Playing big brother at the amusement park