The definition of “stakeholder thinking” comes from the first definitions of stakeholder and the birth of stakeholder theory by Freeman. Indeed, even if the stakeholder concept found its roots in the works of Rhenman and Stymne (1965) in Sweden and Ansoff (1965) in the United States, the concept became popular thanks to Freeman’s publication of 1984. “Stakeholder” is at the center of stakeholder thinking. Hence the meaning of “stake” and “holder” is important within the stakeholder thinking. Simple, the word “stake” means a right to do something in response to any act or attachment. Since, rights are generally attached with liabilities, this word also denotes liabilities of someone for enjoying a particular right. A stake could be a reasonable share of something. From the organizational stakeholder perspective, Carroll identifies three sources of stakes: ownership at one extreme, interest in between, and legal and moral right at the other extreme. The word “holder” is comparatively easy to understand. It denotes a person or entity that faces some consequences or need to do something as a consequence of act or to meet a certain need. Combining these two sets of meaning, stakeholder can be defined as “any group or individual who can affect or is affected by the achievement of the firm’s objectives.” For instance, the employees, customers, investors, competitors, government, and nongovernmental organizations (NGOs) can be the stakeholder of a company (Rahim 2015).
Stakeholder Thinking
Leopizzi, Rossella
2020-01-01
Abstract
The definition of “stakeholder thinking” comes from the first definitions of stakeholder and the birth of stakeholder theory by Freeman. Indeed, even if the stakeholder concept found its roots in the works of Rhenman and Stymne (1965) in Sweden and Ansoff (1965) in the United States, the concept became popular thanks to Freeman’s publication of 1984. “Stakeholder” is at the center of stakeholder thinking. Hence the meaning of “stake” and “holder” is important within the stakeholder thinking. Simple, the word “stake” means a right to do something in response to any act or attachment. Since, rights are generally attached with liabilities, this word also denotes liabilities of someone for enjoying a particular right. A stake could be a reasonable share of something. From the organizational stakeholder perspective, Carroll identifies three sources of stakes: ownership at one extreme, interest in between, and legal and moral right at the other extreme. The word “holder” is comparatively easy to understand. It denotes a person or entity that faces some consequences or need to do something as a consequence of act or to meet a certain need. Combining these two sets of meaning, stakeholder can be defined as “any group or individual who can affect or is affected by the achievement of the firm’s objectives.” For instance, the employees, customers, investors, competitors, government, and nongovernmental organizations (NGOs) can be the stakeholder of a company (Rahim 2015).I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
