Interest in stakeholder theory has grown considerably since Freeman (1984) fully articulated a stakeholder framework in his seminal work Strategic Management: A Stakeholder Approach. Freeman drew on a variety of studies to develop his stakeholder approach. Using corporate planning, systems theory and Corporate Social Responsibility (CSR), he argued that existing management theories were not prepared enough to address “the quantity and kinds of change which are occurring in the business environment” (Freeman 1984, p. 5). Freeman defined a stakeholder as “any group or individual who can affect or is affected by the achievement of the organization’s objectives” (Freeman 1984, p. 46). Thereafter, the notion of stakeholding gained increasing presence in academic texts, media and government publications (Friedman and Miles 2002).
|Title of host publication||The Dynamism of Stakeholder Engagement|
|Subtitle of host publication||A Case Study of the Aviation Industry|
|Editors||Robbert Kivits, Sukanlaya Sawang|
|Number of pages||8|
|ISBN (Print)||978-3-030-70427-8, 978-3-030-70430-8|
|Publication status||E-pub ahead of print - 1 Apr 2021|
|Name||Contributions to Management Science|
Bibliographical notePublisher Copyright:
© 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Management Science and Operations Research
- Management of Technology and Innovation