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The structure and dynamics of the CEO's “small world” of stakeholders. An application to industrial downsizing

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  • Ferrary, Michel

Abstract

Stakeholder theory highlights that a CEO must perform a social responsibility toward multiple stakeholders (employees, politicians, journalists, citizens, etc.). These stakeholders constitute a political system and the CEO develops a political strategy to deal with the claims of the different actors.

Suggested Citation

  • Ferrary, Michel, 2019. "The structure and dynamics of the CEO's “small world” of stakeholders. An application to industrial downsizing," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 147-159.
    • Handle: RePEc:eee:tefoso:v:140:y:2019:i:c:p:147-159
    DOI: 10.1016/j.techfore.2018.04.006
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    References listed on IDEAS

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    1. D. Vazquez-Brust & C. Liston-Heyes & J. Plaza-Úbeda & J. Burgos-Jiménez, 2010. "Stakeholders Pressures and Strategic Prioritisation: An Empirical Analysis of Environmental Responses in Argentinean Firms," Journal of Business Ethics, Springer, vol. 91(2), pages 171-192, February.
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    7. Ferrary, Michel, 2003. "Trust and social capital in the regulation of lending activities," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(6), pages 673-699.
    8. Tashman, Pete & Raelin, Jonathan, 2013. "Who and What Really Matters to the Firm: Moving Stakeholder Salience beyond Managerial Perceptions," Business Ethics Quarterly, Cambridge University Press, vol. 23(4), pages 591-616, October.
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    11. Michel Ferrary, 2009. "A Stakeholder’s Perspective on Human Resource Management," Journal of Business Ethics, Springer, vol. 87(1), pages 31-43, June.
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