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Redefining the Corporation Stakeholder Management and Organizational Wealth

Name: Redefining the Corporation
Author: James E. Post

Auteur: James E. Post

Taal: Engels

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Auteur: James E. Post Lee E. Preston

Co-auteur: Sybille Sachs

Engels
Paperback
9780804743105
16 april 2002
376 pagina's

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Samenvatting

This volume presents a stakeholder view of the corporation in both theoretical and practical terms. Its central proposition is that organizational wealth is created or destroyed through a corporation's interactions with its stakeholders. Three major corporations are discussed, including Motorola.

The modern corporation is an institution of enormous economic power and social impact. Corporations have grown in size and numbers all over the world because of their ability to mobilize productive resources and create new wealth. The evolution of the corporation has given rise to new opportunities and challenges that require a redefinition of the corporation and its objectives.

The legitimacy of the corporation as an institution, its "license to operate" within society, depends not only on its success in wealth creation but also on its ability to meet the expectations of diverse constituents who contribute to its existence and success. These constituencies and interests are the corporation's stakeholders—resource providers, customers, suppliers, alliance partners, and social and political actors. Consequently, the corporation must be seen as an institution engaged in mobilizing resources to create wealth and benefits for all its stakeholders.

This book presents a stakeholder view of the corporation in both theoretical and practical terms. Its central proposition is that organizational wealth is created (or destroyed) through a corporation's interactions with its stakeholders. Effective stakeholder management develops and utilizes relationships between a corporation and its stakeholders for mutual benefit, thereby accomplishing the fundamental purpose of wealth creation.

Following the empirical maxim that "Corporations are what they do," the authors examine the stakeholder management practices of three major corporations: Cummins Engine Company, Motorola, and the Royal Dutch/Shell Group. These companies are very different, and their current stakeholder management policies and practices have evolved in very different ways. However, they share a common commitment to humanistic values and to continuous learning. Their varied experiences illustrate some of the opportunities and challenges of stakeholder management, and confirm the appropriateness of the stakeholder view of the corporation as a basis for strategy and policy.

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Inhoud

Taal: en
Bindwijze: Paperback
Oorspronkelijke releasedatum: 16 april 2002
Aantal pagina's: 376
Illustraties: Nee

Betrokkenen

Hoofdauteur: James E. Post
Tweede Auteur: Lee E. Preston
Co Auteur: Sybille Sachs
Hoofduitgeverij: Stanford University Press

Overige kenmerken

Editie: illustrated edition
Extra groot lettertype: Nee
Product breedte: 157 mm
Product hoogte: 19 mm
Product lengte: 231 mm
Studieboek: Nee
Verpakking breedte: 152 mm
Verpakking hoogte: 229 mm
Verpakking lengte: 229 mm
Verpakkingsgewicht: 449 g

EAN

EAN: 9780804743105

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Categorieën: Economie & Financiën

Managementboeken

Boeken
Taal: Engels
Boek, ebook of luisterboek?: Boek
Beschikbaarheid: Leverbaar
Studieboek of algemeen: Algemene boeken

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