Tag Archives: Stakeholder Theory

Stakeholder Responsibility

According to the article “Corporate and Stakeholder Responsibility: Making Business Ethics a Two-Way Conversation” by Jerry D. Goodstein and Andrew C. Wicks, while it is imperative that an emphasis remains on corporate responsibility, it is just as important that stakeholders … Continue reading

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On the Separation Thesis

Olsson Center Senior Fellows R. Edward Freeman and Jared D. Harris have written on the separation thesis in business. This thesis contends that there is a separate morality for business. Expressions such as “that’s a business decision” or “it’s business, … Continue reading

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Stakeholder Capitalism

How one views capitalism can inform business decisions and operational values. In a 2007 article, Freeman, Martin and Parmar write: “Traditional narratives of capitalism rely upon the assumptions of competition, limited resources, and a winner-take-all mentality as fundamental to business … Continue reading

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The Evolution of Capitalism

Capitalism is in the news a lot these days. Pope Francis made global headlines for his critique of unbridled capitalism. Recently Professor R. Edward Freeman wrote about the future of capitalism in The Guardian, and it was met with vigorous … Continue reading

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What Stakeholder Theory is Not

Excerpted from an article by Robert Phillips, R. Edward Freeman and Andrew C. Wicks
The word “stakeholder” has become a commonly used term in business and in other sectors. The term means many different things to many different people and hence … Continue reading

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New ways of measuring company performance

by Jeffrey Harrison and Andrew Wicks

 
 
 
 
Firm performance is a fundamental issue for scholars and practitioners alike. We need a way of understanding what it means to do well, and what indicates sub-standard performance or failure. Existing financial performance metrics used … Continue reading

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The Democratization of Business

by Olsson Center staff
A major U.S. bank announces new fees for checking accounts and customers revolt. Many opt to close their accounts and take their business to competitors. A popular mail movie rental service changes its strategy much to its … Continue reading

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Are We Oversimplifying Value?

by Andrew Wicks and Jeffrey Harrison
The notion of value is often overly simplified and narrowed to focus on economic returns (i.e. shareholder returns). Stakeholder Theory provides an appropriate lens for considering a more complex perspective of the value that stakeholders … Continue reading

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The Future of Capitalism

Professor R. Edward Freeman was featured in a closing plenary panel at the Eighth Bentley Global Business Ethics Symposium. The panel focused on trends, challenges and possibilities with respect to the enterprise of the future. The following remarks come from … Continue reading

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Stakeholder Engagement and Firm Resiliency

Resilient organizations recognize and absorb the effects of stressful situations and experience positive outcomes despite such hardships. Olsson Center Fellow Jared Harris and Darden Ph.D. candidate Megan Hess explore the phenomenon of organizational resilience and extend current theory to explain … Continue reading

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