Purpose – The objective of this paper is to collate and debate the main issues driving the stakeholder theory academic debate. Design/methodology/approach – First, a discussion of the stakeholder concept is set out before moving on to the history and nature of stakeholder theory. The work...

Purpose – This paper aims to develop a new model of stakeholder classification and a model for explaining the relationship between the organization and its respective stakeholders. Design/methodology/approach – The new proposed model is based on an empirical study that comprises an...