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Evaluating Stakeholder Theory

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  • J. Kaler

Abstract

This paper is the third in a series of four that is directed at understanding and assessing stakeholder theory for the purposes of business ethics. It addresses the suitability and viability of the theory, rejecting objections of a moral and efficiency sort based (respectively) on claims about property rights and the economic superiority of the alternative stockholder approach, but accepting that implementation problems require limiting both the number of groupings admitted to stakeholder status and the degree of responsibility towards them. The conclusion looks forward to the construction of a suitably limited version of the stakeholder approach in a fourth paper drawing upon this one and the previous two. Copyright Springer 2006

Suggested Citation

  • J. Kaler, 2006. "Evaluating Stakeholder Theory," Journal of Business Ethics, Springer, vol. 69(3), pages 249-268, December.
    • Handle: RePEc:kap:jbuset:v:69:y:2006:i:3:p:249-268
    DOI: 10.1007/s10551-006-9089-2
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    References listed on IDEAS

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    Cited by:

    1. J. Kaler, 2009. "An Optimally Viable Version of Stakeholder Theory," Journal of Business Ethics, Springer, vol. 86(3), pages 297-312, May.
    2. Wang, Qi & Wu, Chong & Sun, Yang, 2015. "Evaluating corporate social responsibility of airlines using entropy weight and grey relation analysis," Journal of Air Transport Management, Elsevier, vol. 42(C), pages 55-62.
    3. Miriam F. Bongo & Charlle L. Sy, 2024. "Can diverse and conflicting interests of multiple stakeholders be balanced?," Annals of Operations Research, Springer, vol. 339(3), pages 1813-1837, August.
    4. Samantha Miles, 2012. "Stakeholder: Essentially Contested or Just Confused?," Journal of Business Ethics, Springer, vol. 108(3), pages 285-298, July.
    5. Alain Verbeke & Vincent Tung, 2013. "The Future of Stakeholder Management Theory: A Temporal Perspective," Journal of Business Ethics, Springer, vol. 112(3), pages 529-543, February.
    6. Lei Wang & Heikki Juslin, 2013. "Corporate Social Responsibility in the Chinese Forest Industry: Understanding Multiple Stakeholder Perceptions," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 20(3), pages 129-145, May.
    7. Franklin M. Lartey, 2020. "Ethical Challenges of Complex Products: Case of Goldman Sachs and the Synthetic Collateralized Debt Obligations," International Business Research, Canadian Center of Science and Education, vol. 13(6), pages 115-115, June.
    8. Jon K. Webber & Gregory W. Goussak & Elliot M. Ser, 2012. "Common Sense Leadership: Evidence From Senior Leaders," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 6(5), pages 107-117.
    9. M. Isabel Sánchez-Hernández & Dolores Gallardo-Vázquez & Agnieszka Barcik & Piotr Dziwiński, 2016. "The Effect of the Internal Side of Social Responsibility on Firm Competitive Success in the Business Services Industry," Sustainability, MDPI, vol. 8(2), pages 1-15, February.
    10. Samuel Mansell, 2013. "Shareholder Theory and Kant’s ‘Duty of Beneficence’," Journal of Business Ethics, Springer, vol. 117(3), pages 583-599, October.
    11. Giovanni Ferri & Angelo Leogrande, 2015. "Was the Crisis due to a shift from stakeholder to shareholder finance? Surveying the debate," Mo.Fi.R. Working Papers 108, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    12. Aureli, Selena & Del Baldo, Mara, 2019. "Performance measurement in the networked context of convention and visitors bureaus (CVBs)," Annals of Tourism Research, Elsevier, vol. 75(C), pages 92-105.
    13. Dominic Martin, 2013. "The Contained-Rivalry Requirement and a ‘Triple Feature’ Program for Business Ethics," Journal of Business Ethics, Springer, vol. 115(1), pages 167-182, June.
    14. Arora, Punit & De, Prabal, 2020. "Environmental sustainability practices and exports: The interplay of strategy and institutions in Latin America," Journal of World Business, Elsevier, vol. 55(4).
    15. Ataur Belal & Robin Roberts, 2010. "Stakeholders’ Perceptions of Corporate Social Reporting in Bangladesh," Journal of Business Ethics, Springer, vol. 97(2), pages 311-324, December.
    16. Eleanor O’Higgins, 2010. "Corporations, Civil Society, and Stakeholders: An Organizational Conceptualization," Journal of Business Ethics, Springer, vol. 94(2), pages 157-176, June.
    17. Junjian Gu, 2022. "Country Portfolio and Taxation: Evidence from Japan," Journal of Business Ethics, Springer, vol. 175(3), pages 583-607, January.
    18. Bari L. Bendell, 2017. "I don't Want to be Green: Prosocial Motivation Effects on Firm Environmental Innovation Rejection Decisions," Journal of Business Ethics, Springer, vol. 143(2), pages 277-288, June.
    19. Mühlbacher, Hans & Böbel, Ingo, 2019. "From zero-sum to win-win - Organisational conditions for successful shared value strategy implementation," European Management Journal, Elsevier, vol. 37(3), pages 313-324.

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