TY - JOUR
T1 - Stakeholder Identification and Salience After 20 Years
T2 - Progress, Problems, and Prospects
AU - Wood, Donna J.
AU - Mitchell, Ronald K.
AU - Agle, Bradley R.
AU - Bryan, Logan M.
N1 - Funding Information:
We express appreciation for institutional support from the Wheatley Institution and the Bagley Foundation, for research assistance from Jeremy Loutensock and James Scoville, for the insights of our colleagues Sybille Sachs and Ben Lewis, and help from our editors in the review process. The authors received no financial support for the research, authorship, and/or publication of this article.
Publisher Copyright:
© The Author(s) 2018.
PY - 2021/1
Y1 - 2021/1
N2 - To contribute to the continuing challenge of explaining how managers identify stakeholders and assess their salience, in this article, we chronicle the history, assess the impact, and evaluate the possibilities opened by Mitchell, Agle, and Wood (MAW-1997). We do so through two types of qualitative analysis, and also through utilizing a quantitative network analysis tool. The first qualitative analysis categorizes the major contributions of the most influential papers succeeding MAW-1997; the second identifies and compares the relevant issues with MAW-1997 at the time of initial publication and today. We apply main path analysis, a quantitative tool, to map how this scholarly domain has evolved. These three analyses robustly depict the impact of MAW-1997 and the ensuing scholarly conversation, and they enable us to illustrate the current state and trajectory of stakeholder identification and salience scholarship. We close by discussing pressing topics related to the broader body of stakeholder theory literature.
AB - To contribute to the continuing challenge of explaining how managers identify stakeholders and assess their salience, in this article, we chronicle the history, assess the impact, and evaluate the possibilities opened by Mitchell, Agle, and Wood (MAW-1997). We do so through two types of qualitative analysis, and also through utilizing a quantitative network analysis tool. The first qualitative analysis categorizes the major contributions of the most influential papers succeeding MAW-1997; the second identifies and compares the relevant issues with MAW-1997 at the time of initial publication and today. We apply main path analysis, a quantitative tool, to map how this scholarly domain has evolved. These three analyses robustly depict the impact of MAW-1997 and the ensuing scholarly conversation, and they enable us to illustrate the current state and trajectory of stakeholder identification and salience scholarship. We close by discussing pressing topics related to the broader body of stakeholder theory literature.
KW - stakeholder identification
KW - stakeholder salience
KW - stakeholder theory
UR - http://www.scopus.com/inward/record.url?scp=85059075708&partnerID=8YFLogxK
U2 - 10.1177/0007650318816522
DO - 10.1177/0007650318816522
M3 - Article
AN - SCOPUS:85059075708
SN - 0007-6503
VL - 60
SP - 196
EP - 245
JO - Business and Society
JF - Business and Society
IS - 1
ER -