April 1984
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7 Reads
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17 Citations
Academy of Management Review
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April 1984
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7 Reads
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17 Citations
Academy of Management Review
January 1984
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7,156 Reads
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11,250 Citations
Journal of Management Studies
Strategic Management: A Stakeholder Approach was first published in 1984 as a part of the Pitman series in Business and Public Policy. Its publication proved to be a landmark moment in the development of stakeholder theory. Widely acknowledged as a world leader in business ethics and strategic management, R. Edward Freeman’s foundational work continues to inspire scholars and students concerned with a more practical view of how business and capitalism actually work. Business can be understood as a system of how we create value for stakeholders. This worldview connects business and capitalism with ethics once and for all. On the 25th anniversary of publication, Cambridge University Press are delighted to be able to offer a new print-on-demand edition of his work to a new generation of readers.
... Each theory offers distinct insights into these relationships, collectively forming a comprehensive framework. Stakeholder Theory (Freeman 1984(Freeman , 2010 posits that firms must address the expectations of all stakeholders, including creditors, to maintain trust and ensure long-term sustainability. Strong corporate governance, reflected in diverse and independent boards, enhances transparency and mitigates conflicts of interest, thus fostering positive relationships with lenders. ...
April 1984
Academy of Management Review
... Stakeholder: For the purposes of this paper, Freeman's definition [19] of stakeholders has been adapted. Freeman defines the term stakeholder as "...any group or individual that can affect or is affected by the achievement of an organization objectives" [p. ...
January 1984
Journal of Management Studies