Screen LibraryStakeholders matter：a new paradigm for strategy in society
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| Main Authors: | |
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| Group Author: | |
| Published: |
Cambridge University Press,
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| Publisher Address: | Cambridge New York |
| Publication Dates: | 2011. |
| Literature type: | Book |
| Language: | English |
| Series: |
Business, value creation, and society |
| Subjects: | |
| Carrier Form: | xviii, 278 p.: ill. ; 24 cm. |
| ISBN: |
9780521196390 0521196396 |
| Index Number: | F713 |
| CLC: | F713.55 |
| Call Number: | F713.55/S121 |
| Contents: |
Includes bibliographical references (p. 224-268) and index. Includes bibliographical references and index. 1. Challenges for a new paradigm in strategic management -- Part I. Development of the Basic Assumptions of a New Stakeholder Paradigm: 2. The economic paradigm and its basic assumptions; 3. Contribution of stakeholder theory to our understanding of the stakeholder paradigm; 4. The stakeholder paradigm -- Part II. Our Understanding of the Stakeholder Paradigm and its Operationalization: 5. Our understanding of the stakeholder paradigm operationalized in the three licenses; 6. License to operate; 7. License to innovate; 8. License to compete; 9. Challenges resulting from a paradigm shift. "The dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic views on the theory of the firm and dominant theories of strategic management, and develops a new understanding of value creation away from pure self-interest toward mutuality. This new 'stakeholder paradigm' is based on a network view, whereby mutuality enhances benefits and reduces risks for the firm |