... to which claims over the firm’s value are perceived as equitable. Therefore, this approach seeks to rebalance power relations between the focal firm and stakeholders, who are often vulnerable to opportunistic behavior (Bridoux & Stoelhorst, 2022a , 2022b). Managing for stakeholders should include...

.... Social implications Inclusive closure governance can reduce vulnerability and support equitable local development. Originality/value Integrates stakeholder engagement, social license to close, and transition governance debates. Corresponding author Rodrigo Silva Barreto barreto.rs@gmail.com...