Stakeholder Theory
Stakeholder Theory is a widely understood concept in Business today. Stakeholder theory states that the purpose of a business is to create value for stakeholders not just shareholders. Business needs to consider customers, suppliers, employees, communities and shareholders.
Challenges for Stakeholder Theory
In this short video Professor Thomas M. Jones, Professor of Business Administration at the University of Washington shares his thoughts on the main challenges for Stakeholder Theory.
Ethics and Stakeholder Theory
In this video Professor Thomas M. Jones discusses the overlap between Ethics and Stakeholder Theory.
What is Fiduciary Duty? - meaning and responsibilities
Meaning and Definition of Fiduciary Duty: A person with a Fiduciary Duty is someone in whom another person has placed the utmost trust and confidence to manage and protect property or money. The Fiduciary Relationship describes a relationship in which one person has an obligation to act for another's benefit
Stakeholder Theory vs. Stockholder Theory: What's the Core Difference?
Explore the fundamental differences between Stakeholder and Stockholder Theories in business. Dive deep into their principles, objectives, and the ethical considerations guiding corporate decision-making and relationships. Understand the why and how of these two contrasting theories.
Stakeholder Model - normative, descriptive, instrumental
Learn why the stakeholder model or stakeholder theory, is normative, descriptive, instrumental and managerial and how it is vital to manage stakeholders.
The Stakeholder Paradox - Stakeholder Theory
The Stakeholder Paradox explained. Goodpaster has challenged the stakeholder approach or stakeholder theory. Arguing that it creates a paradox as it requires managers to put stakeholder interests above those of the business shareholders
Shareholders or Stakeholders? - What's the difference?
Understand the Shareholder VS Stakeholders debate. Watch this video which summarises why the shareholder versus stakeholder debate is missing the point. Edward Freeman explains why there isn't necessarily a conflict between shareholder and stakeholder interests
Stakeholder Theory - Edward Freeman
Stakeholder Theory is a crucial concept in strategic management. Watch Edward Freeman discuss the important concept of stakeholder theory and why a stakeholder approach is key to successful businesses.
Anita Roddick of the Bodyshop - biography and video interview about CSR
Dive deep into the life and legacy of Anita Roddick, founder of The Body Shop, and her candid views on Corporate Social Responsibility (CSR). Discover how she transformed beauty retail and challenged the norms of business ethics. Watch her exclusive interview on the evolution and shortcomings of CSR.
Is the Environment a stakeholder?
Is the Environment a stakeholder? The natural environment can be affected by a company's activities and, through channels such as climate change, can have an effect upon the company. For at least the last 15 years Stakeholder Theorists have debated whether our natural environment should be seen as a Stakeholder
What is a Stake? Meaning of Stake
What does it mean to have a stake in something? In stakeholder management a stake is an interest in or a share in an undertaking. A stake can be interest in a decision on the other hand it could be a legal claim for example part or full ownership of a business.
Stakeholder Theory - What's next for Stakeholder Theory?
Stakeholder Theory is a key concept in strategic management. Watch Thomas M. Jones discuss what is next for Stakeholder Theory and why study of stakeholder relationships is key in for a successful business.
Stakeholder theory - Listen to stakeholders as well as shareholders
Stakeholder theory vs shareholders - In this video presented by The Spiritual Capital Project at Yale University, Jean Blackwell, the CEO of Cummins Foundation explains why her company listens to stakeholders and how listening to stakeholders as well as shareholders is the best approach for long-term success.