Whither Stakeholder Theory? A Guide for the Perplexed Revisited

• Published in: Journal of business ethics Vol. 112; no. 1; pp. 47 - 57
• Main Author: Hasnas, John
• Format: Journal Article
• Language: English
• Published: Dordrecht Springer 01.01.2013; Springer Netherlands; Springer Nature B.V
• Subjects: Agency theory; Business; Business and Management; Business Ethics; Business management; Business organization; Business services; Business structures; Corporations; Economic models; Education; Ethics; Fiduciary management; Financial management; Investors; Labor unions; Management; Management principles; Narratives; Normativity; Philosophy; Quality of Life Research; Shareholders; Stakeholder; Stakeholders; Studies; Theorie; Trade unions; United States > US; Stakeholder theory; Organizational ethics; Labor unions; Agency theory

The nature of stakeholder theory and its fundamental normative prescriptions are the subject of much confusion and academic debate. This article attempts to provide an account of both the fundamental normative implications of stakeholder theory and the theory's range of application that both st...