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Full-Text Articles in Organizational Behavior and Theory
Corporate Citizenship And Community Stakeholders, Robert A. Phillips, R. Edward Freeman
Corporate Citizenship And Community Stakeholders, Robert A. Phillips, R. Edward Freeman
Management Faculty Publications
Stipulating that work on corporate citizenship is intended to add to the conversation around the role of business in society, it is reasonable to assume that scholars adopting (and adapting) the language of corporate citizenship find something there that allows for better description, analysis and synthesis of this role. Though what 'better' may mean here remains an open question, a sensible place to begin considering the question is to compare and contrast corporate citizenship with more established ways of conceiving business's role in society such as, in the case of this chapter, stakeholder theory.
Stakeholders, Michael Johnson-Cramer, Robert A. Phillips
Stakeholders, Michael Johnson-Cramer, Robert A. Phillips
Management Faculty Publications
The stakeholder concept derives from a simple premise: organizations and technologies exist in constellations of relationships. Organizations operate in a network of market and nonmarket relationships with other organizations, groups, and individuals. Likewise technologies emerge and exist in a network of suppliers, end users, and others who bear the impact of the technology. Generally with reference to both organizations and technologies, these related parties are termed stakeholders, meaning that they hold a stake in the outcomes of the organization or technology.