Stakeholder Theory

Robbert Kivits, Sukanlaya Sawang

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

3 Citations (Scopus)


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).

Original languageEnglish
Title of host publicationThe Dynamism of Stakeholder Engagement
Subtitle of host publicationA Case Study of the Aviation Industry
EditorsRobbert Kivits, Sukanlaya Sawang
Number of pages8
ISBN (Electronic)978-3-030-70428-5
ISBN (Print)978-3-030-70427-8, 978-3-030-70430-8
Publication statusE-pub ahead of print - 1 Apr 2021

Publication series

NameContributions to Management Science
ISSN (Print)1431-1941
ISSN (Electronic)2197-716X

Bibliographical note

Publisher 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
  • Marketing
  • Management of Technology and Innovation


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