Whither Stakeholder Theory?: A Guide for the Perplexed Revisited

27 Pages Posted: 14 Feb 2012

See all articles by John Hasnas

John Hasnas

Georgetown University - McDonough School of Business; Georgetown University Law Center

Date Written: January 3, 2012

Abstract

The nature of stakeholder theory and its fundamental normative prescriptions are the subject of much confusion and academic debate. This article attempts to provide an account of both the fundamental normative implications of stakeholder theory and the theory’s range of application that both stakeholder advocates and critics can agree upon. Using exclusively the language of leading stakeholder theorists, the article identifies the essential prescriptions of the theory and the type of organizations to which stakeholder theory applies in the hope of facilitating effective discussion and evaluation of the normative dimension of stakeholder theory.

Keywords: Stakeholder theory, Agency theory, Organizational ethics, Labor unions

Suggested Citation

Hasnas, John, Whither Stakeholder Theory?: A Guide for the Perplexed Revisited (January 3, 2012). Journal of Business Ethics, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2004410

John Hasnas (Contact Author)

Georgetown University - McDonough School of Business ( email )

3700 O Street, NW
Washington, DC 20057
United States

Georgetown University Law Center ( email )

600 New Jersey Avenue, NW
Washington, DC 20001
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
279
Abstract Views
1,595
Rank
200,059
PlumX Metrics