Dialogue: Toward superior stakeholder theory

Bradley R. Agle, Thomas Donaldson, R. Edward Freeman, Michael C. Jensen, Ronald K. Mitchell, Donna J. Wood

Research output: Contribution to journalArticlepeer-review

195 Scopus citations

Abstract

A quick look at what is happening in the corporate world makes it clear that the stakeholder idea is alive, well, and flourishing; and the question now is not "if " but "how" stakeholder theory will meet the challenges of its success. Does stakeholder theory's "arrival" mean continued dynamism, refinement, and relevance, or stasis? How will superior stakeholder theory continue to develop? In light of these and related questions, the authors of these essays conducted an ongoing dialogue on the current state and future of stakeholder thinking. Beginning with a review of research and theory that has developed since the major stakeholder theorizing efforts of the 1990s, the authors individually offer their perspectives on the key issues relevant today to stakeholder thinking, and to suggest possible approaches that might lead toward and enable the continuing development of superior stakeholder theory.

Original languageEnglish
Pages (from-to)153-190
Number of pages38
JournalBusiness Ethics Quarterly
Volume18
Issue number2
DOIs
StatePublished - Apr 2008

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