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Business Administration, Management, and Operations Commons

Open Access. Powered by Scholars. Published by Universities.®

University of South Florida

2017

Business in Society

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Full-Text Articles in Business Administration, Management, and Operations

Toward A Systemic Model For Governance And Strategic Management: Evaluating Stakeholder Theory Versus Shareholder Theory Approaches, James A. Stikeleather Oct 2017

Toward A Systemic Model For Governance And Strategic Management: Evaluating Stakeholder Theory Versus Shareholder Theory Approaches, James A. Stikeleather

USF Tampa Graduate Theses and Dissertations

The research’s intent is improvement in governance and strategic management initially by comparing Shareholder Theory and Stakeholder Theory and making results useful for both Practitioner and Academic audiences. A conceptual model for how a society establishes and evolves the roles it legitimizes for a business to support reasoning about those roles and the process originating the expectations, responsibilities, obligations, contributions and freedom to act in the roles is proposed. Understanding this process would enable better governance and strategic management of a firm while avoiding unintended consequences when fulfilling the role and consequences for failing the role. The model becomes a …