IDEAS home Printed from https://ideas.repec.org/p/rug/rugwps/11-727.html
   My bibliography  Save this paper

A dynamic perspective in Freeman’s stakeholder model

Author

Listed:
  • Y. FASSIN

    ()

Abstract

Stakeholder literature has acknowledged the need to complement the extant theory on stakeholder management by more dynamic perspectives. This article makes use of the recent terminology of stakewatcher and stakeseeker to illustrate the dynamic aspect of stakeholder theory transposed in the graphical representation of Freeman’s stakeholder model. Presenting a few selected case studies, it applies the scheme on the concept of value responsibility chain; it exemplifies the role of stakeseekers in various forms of activism, from shareholders, NGOs and government, in the stakeholder mobilization process. The paper clarifies how stakewatchers and stakeseekers can profoundly affect stakeholder salience, especially in crises. The transposition and integration of the dynamic aspect of stakeholder theory into the graphical representation strengthen the forceful pedagogical value of the Freeman’s stakeholder graphical model.

Suggested Citation

  • Y. Fassin, 2011. "A dynamic perspective in Freeman’s stakeholder model," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 11/727, Ghent University, Faculty of Economics and Business Administration.
  • Handle: RePEc:rug:rugwps:11/727
    as

    Download full text from publisher

    File URL: http://wps-feb.ugent.be/Papers/wp_11_727.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. repec:dau:papers:123456789/406 is not listed on IDEAS
    2. Marcoux, Alexei M., 2003. "A Fiduciary Argument Against Stakeholder Theory," Business Ethics Quarterly, Cambridge University Press, vol. 13(01), pages 1-24, January.
    3. 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.
    4. Yves Fassin, 2008. "Imperfections and Shortcomings of the Stakeholder Model’s Graphical Representation," Journal of Business Ethics, Springer, vol. 80(4), pages 879-888, July.
    5. Langtry, Bruce, 1994. "Stakeholders and the Moral Responsibilities of Business," Business Ethics Quarterly, Cambridge University Press, vol. 4(04), pages 431-443, October.
    6. Doh, Jonathan P. & Teegen, Hildy, 2002. "Nongovernmental organizations as institutional actors in international business: theory and implications," International Business Review, Elsevier, vol. 11(6), pages 665-684, December.
    7. Phillips, Robert & Freeman, R. Edward & Wicks, Andrew C., 2003. "What Stakeholder Theory is Not," Business Ethics Quarterly, Cambridge University Press, vol. 13(04), pages 479-502, October.
    8. Orts, Eric W. & Strudler, Alan, 2002. "The Ethical and Environmental Limits of Stakeholder Theory," Business Ethics Quarterly, Cambridge University Press, vol. 12(02), pages 215-233, April.
    9. Elms, Heather & Phillips, Robert A., 2009. "Private Security Companies and Institutional Legitimacy: Corporate and Stakeholder Responsibility," Business Ethics Quarterly, Cambridge University Press, vol. 19(03), pages 403-432, July.
    10. Phillips, Robert, 2003. "Stakeholder Legitimacy," Business Ethics Quarterly, Cambridge University Press, vol. 13(01), pages 25-41, January.
    11. Christopher Stoney, 2001. "Stakeholding: Confusion or Utopia? Mapping the Conceptual Terrain," Journal of Management Studies, Wiley Blackwell, vol. 38(5), pages 603-626, July.
    12. Salma Damak-Ayadi & Yvon Pesqueux, 2005. "stakeholder theory in perspective," Post-Print halshs-00154129, HAL.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Activist; dynamism; graphical representation; NGO; Olympic Games; responsibility; stakeholder; stakeholder model; stakeholder theory; stakeseeker; stakewatcher.;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rug:rugwps:11/727. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nathalie Verhaeghe). General contact details of provider: http://edirc.repec.org/data/ferugbe.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.