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Stakeholders
C/B/182. Critically evaluate the theoretical and practical adequacy of stakeholder theory in relation to the legal and institutional license of a company to operate in society, (the company form).
- WORDS:
- 4000
- DATE:
- 2005
- PRICE:
- 49.99 GBP
The paper analyses the adequacy of stakeholder theory in the current business environment. It starts with reviewing the definitions of stakeholder theory, the understanding of stakeholders and realising of their impact on the performance of the company. It shows the way various aspects of stakeholder theory (descriptive, instrumental and normative) might be applied in the practice. Then the paper discusses the way a companys form shift the balance of power in firm-stakeholder relations and which stakeholder groups shall be considered by a firm.
KEYWORDS: critically, evaluate, theoretical, practical, adequacy, stakeholder, theory, relation, legal, institutional, license, company, operate, society, the, company, form,
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