Stakeholders matter
a new paradigm for strategy in society
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Author
Contributions
- Rühli, Edwin - Contributor
Publication
2011 - Cambridge University Press, Cambridge, England
Language
English
Word Count
69,500 words, Guess
Page Count
278 pages
Identifiers
- Internet Archivestakeholdersmatt0000sach
- Internet Archivestakeholdersmatt00sach
- ISBN-139780521196390
- ISBN-100521196396
- Library of Congress Control Number2011020616
and 3 more
- OCLC Control Number728656722
- Better World Books9780521196390
- Open LibraryOL25249862M
Classifications
- DDC658.4/012
- LCCHD30.28 .S2217 2011
Description
"The dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic views on the theory of the firm and dominant theories of strategic management, and develops a new understanding of value creation away from pure self-interest toward mutuality. This new 'stakeholder paradigm' is based on a network view, whereby mutuality enhances benefits and reduces risks for the firm and its stakeholders. The understanding of mutual value creation is operationalized according to the license to operate, to innovate and to compete. The book develops a vision for a strategy in society in which, rather than the invisible hand of the market, it the visible hands of the firm and the stakeholders that lead to an overall increase in the welfare of society"--
Series Statement
- Business, value creation, and society
Other Editions
- Stakeholders matter: a new paradigm for strategy in society
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