... relationship. For example, Agle et al., (1999) document the presence of a “stakeholder class system” in the minds of large corporations’ CEOs who favor shareholders, employees, and customers more than the government and communities. Social responsibility Stakeholders Banking Management theory...

...Ed Weymes Traditional management theory is grounded in the concept of bureaucracy which provides a platform for managers to control behavior. When behavior is controlled, personal freedom and the ability to innovate are curtailed, yet creativity is a key driver competitive advantage. Creativity...

... stakeholders). For Donaldson and Preston (1995), stakeholders are defined by their legitimate interest in an organization. This implies that: © Emerald Group Publishing Limited 2005 Business ethics Stakeholders Management theory Lépineux (2003) tried to classify these relationships...

... explicative power. © Emerald Group Publishing Limited 2005 Stakeholders Management theory For the last decades, stakeholder theory has become a central discussion point in management science as well as in the field of managerial practice. The swift development of the key concepts...

... Emerald Group Publishing Limited 2005 Corporate governance Philosophical concepts Management theory Due to the technical nature of theories about corporate governance, the status of the concept is distinct from that designated by the more general term “governance”. The field is, in fact...

... and normative streams – thus rendering it more consistent and more robust. © Emerald Group Publishing Limited 2005 Stakeholders Management theory Stakeholder theory is affected by numerous shortcomings and imperfections. Among these, the following may be mentioned: the definition...