This case series (see also the A case, UVA-E-0214) frames a common business situation in which the protagonist (in this case, a commercial lender who has made a mistake that could cost him his job) is faced with making a decision for which no outcome is desirable

This case series (see also the A case, UVA-E-0214) frames a common business situation in which the protagonist (in this case, a commercial lender who has made a mistake that could cost him his job) is faced with making a decision for which no outcome is desirable

One of the central uses of stakeholder theory, in its original form, was as a counterpoint to the idea that corporations should be managed in the interests of shareholders. As the theory developed the debate was often framed in terms of quot;shareholders vs. stakeholders.quot; While developing...

The purpose of this essay is to outline an emerging view of business that we shall call quot;managing for stakeholders.quot; This view has emerged over the past thirty years from a group of scholars in a diverse set of disciplines, from finance to philosophy. The basic idea is that businesses,...

The lack of specificity around stakeholder identity remains a serious obstacle to the further development of stakeholder theory and its adoption in actual practice by business managers. Nowhere is this shortcoming more evident than in stakeholder theory's treatment of the constituency known as...

Quine once wrote that quot;sentences do not confront the tribunal of experience alone.quot; And, he might have added, quot;nor do arguments and theoriesquot;. Sentences, as well as arguments and theories, always import their background conditions and related theories with them. Context plays a...

In this paper, we propose to replace quot;corporate social responsibilityquot; with quot;company stakeholder responsibility.quot; This is not just semantics, but a new interpretation of the very purpose of CSR. quot;Companyquot; signals that all forms of value creation and trade and all...

The term stakeholder is a powerful one. This is due, to a significant degree, to its conceptual breadth. The term means different things to different people and hence evokes praise or scorn from a wide variety of scholars and practitioners. Such breadth of interpretation, though one of...