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The structure and dynamics of the CEO's “small world” of stakeholders. An application to industrial downsizing

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  • Ferrary, Michel

Abstract

Stakeholder theory highlights that a CEO must perform a social responsibility toward multiple stakeholders (employees, politicians, journalists, citizens, etc.). These stakeholders constitute a political system and the CEO develops a political strategy to deal with the claims of the different actors.

Suggested Citation

  • Ferrary, Michel, 2019. "The structure and dynamics of the CEO's “small world” of stakeholders. An application to industrial downsizing," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 147-159.
  • Handle: RePEc:eee:tefoso:v:140:y:2019:i:c:p:147-159
    DOI: 10.1016/j.techfore.2018.04.006
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    References listed on IDEAS

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    1. D. Vazquez-Brust & C. Liston-Heyes & J. Plaza-Úbeda & J. Burgos-Jiménez, 2010. "Stakeholders Pressures and Strategic Prioritisation: An Empirical Analysis of Environmental Responses in Argentinean Firms," Journal of Business Ethics, Springer, vol. 91(2), pages 171-192, February.
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    6. Emma Avetisyan & Michel Ferrary, 2013. "Dynamics of Stakeholders’ Implications in the Institutionalization of the CSR Field in France and in the United States," Journal of Business Ethics, Springer, vol. 115(1), pages 115-133, June.
    7. Ferrary, Michel, 2003. "Trust and social capital in the regulation of lending activities," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(6), pages 673-699.
    8. Raffaele Corrado & Maurizio Zollo, 2006. "Small worlds evolving: governance reforms, privatizations, and ownership networks in Italy," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 15(2), pages 319-352, April.
    9. Richard A. Wolfe & Daniel S. Putler, 2002. "How Tight Are the Ties that Bind Stakeholder Groups?," Organization Science, INFORMS, vol. 13(1), pages 64-80, February.
    10. Benjamin Neville & Bulent Menguc, 2006. "Stakeholder Multiplicity: Toward an Understanding of the Interactions between Stakeholders," Journal of Business Ethics, Springer, vol. 66(4), pages 377-391, July.
    11. Harrison, Jeffrey S. & Wicks, Andrew C., 2013. "Stakeholder Theory, Value, and Firm Performance," Business Ethics Quarterly, Cambridge University Press, vol. 23(1), pages 97-124, January.
    12. Tashman, Pete & Raelin, Jonathan, 2013. "Who and What Really Matters to the Firm: Moving Stakeholder Salience beyond Managerial Perceptions," Business Ethics Quarterly, Cambridge University Press, vol. 23(4), pages 591-616, October.
    13. Jason Owen-Smith & Walter W. Powell, 2004. "Knowledge Networks as Channels and Conduits: The Effects of Spillovers in the Boston Biotechnology Community," Organization Science, INFORMS, vol. 15(1), pages 5-21, February.
    14. Michel Ferrary, 2009. "A Stakeholder’s Perspective on Human Resource Management," Journal of Business Ethics, Springer, vol. 87(1), pages 31-43, June.
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