Blog List

Tuesday, 6 December 2016

Stakeholder capitalism and the value chain

Published Date
June 1997, Vol.15(3):286296, doi:10.1016/S0263-2373(97)00008-X

Author 
Edward Freeman (Director)
  • Olsson Center for Applied Ethics, Darden School, University of Virginia USA
  • Jeanne Liedtka (Associate Professor)
  • Darden School, University of Virginia USA


Abstract

The purpose of this article by Edward Freeman and Jeanne Liedtka is to explore the idea of stakeholder capitalism. In particular, it is argued that a firm grounding of the idea on four principles, yields a view of business as creating value for stakeholders. To further elaborate stakeholder capitalism it must be connected to the central themes in business strategy. In this article, the value chain is reinterpreted in stakeholder terms. A method of analysis for key stakeholder relationships is explained, and general principles for conceptualizing the value chain in relational terms are suggested.

For further details log on website :
http://www.sciencedirect.com/science/article/pii/S026323739700008X

No comments:

Post a Comment

Advantages and Disadvantages of Fasting for Runners

Author BY   ANDREA CESPEDES  Food is fuel, especially for serious runners who need a lot of energy. It may seem counterintuiti...