Theoretical Parsimony

Theoretical Parsimony is the principle that a good theory should find the simplest explanation for the evidence.

How to does Theoretical Parsimony relate to stakeholder theory?

In debates about whether the Natural Environment should be considered a stakeholder, academics have argued that including environment could expand the scope of stakeholder theory making it a less useful (more complex) theory. See Is the Environment a Stakeholder?

Further reading

Stakeholder Management Templates
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