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Strategic Management: A Stakeholder Approach

Foundational stakeholder-theory work arguing that business strategy and governance should account for relationships with parties who affect or are affected by the firm.

Use It For

Use this to frame employee participation, CSR, ESG, creditor protection, consumer interests, and public-interest language in modern company law.

Teaching Notes

Students should distinguish stakeholder theory as a governance lens from a direct legal duty owed to every stakeholder.