IDEAS home Printed from https://ideas.repec.org/a/mir/mirbus/v3y2013i5p245-255.html
   My bibliography  Save this article

Application of TOPSIS to Analyze Stakeholder Relations

Author

Listed:
  • Yucel Ozturkoglu

    (International Logistics Management,Faculty of Administration and Economics Sciences,Yasar University)

Abstract

In parallel to the increasing competition in business environment, managing stakeholder relations has become critical for most organizations. Balancing the interests of various parties in the nexus of their relative power can increase the difficulty of managing relations with these key stakeholders. Therefore, most organizations need to adapt a new approach when evaluating their relations with stakeholders. The purpose of this study is to analyze stakeholder relations with considering their relative power and interests in a given set of stakeholders. A survey was conducted on a sample of 59 managers and the data was analyzed through following the technique for order of preference by similarity to ideal solution (TOPSIS). The results of study revealed that both power and interest of stakeholder should be considered in the assessment of stakeholder relationship.

Suggested Citation

  • Yucel Ozturkoglu, 2013. "Application of TOPSIS to Analyze Stakeholder Relations," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(5), pages 245-255, May.
    • Handle: RePEc:mir:mirbus:v:3:y:2013:i:5:p:245-255
    as

    Download full text from publisher

    File URL: http://thejournalofbusiness.org/index.php/site/article/view/23/22
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mir:mirbus:v:3:y:2013:i:5:p:245-255. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M Kabir (email available below). General contact details of provider: https://edirc.repec.org/data/csmirus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.