Berman, Shawn L.; Phillips, Robert A.; Wicks, Andrew C. - 2013
Despite its remarkable rise in popularity, stakeholder theory continues to be criticized for a dearth of empirical … useful lens through which to view firm-stakeholder relationships (Frooman 1999; Mitchell, Agle, & Wood 1997; Rowley 1997 … and prescriptions between the two theories. To test this proposed linkage, we introduce "stakeholder performance" as a …