Corporate Stakeholder
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A Corporate Stakeholder is a stakeholder in a corporation.
- AKA: Business Stakeholder.
- Context:
- It can range from being a Internal Corporate Stakeholder to being an External Corporate Stakeholder.
- …
- Example(s):
- See: Strategic Management, Corporate Governance, Project Stakeholder, Stakeholder Theory.
References
2015
- (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/stakeholder_(corporate) Retrieved:2015-1-21.
- A corporate stakeholder can affect or be affected by the actions of a business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research Institute. It defined stakeholders as "those groups without whose support the organization would cease to exist." [1] The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR).
The term has been broadened to include anyone who has an interest in a matter.
- A corporate stakeholder can affect or be affected by the actions of a business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research Institute. It defined stakeholders as "those groups without whose support the organization would cease to exist." [1] The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR).
- ↑ Stockholders and Stakeholders: A new perspective on Corporate Governance. By: Freeman, R. Edward; Reed, David L.. California Management Review, Spring83, Vol. 25 Issue 3, p88-106