Business Excellence, Vol. 6 No. 1, 2012.
Review article
STAKEHOLDER APPROACH TO THE FIRM
Boris Sisek
; Faculty of Economics and Business Zagreb, University of Zagreb
Monika Strahonja
Abstract
Th e stakeholder approach has been designed to assert the general principles of equality, unity, and solidarity. Its key value is inclusion. Its supporters emphasize the wish to form a just society compatible with private property, profi t-making, and decentralized decisions on the market. A stakeholder society (economy, enterprise) is based on the reciprocity of rights and obligations which is generated around the notion of economic, social, and political inclusion. Th e aim of the implementation of this concept is to form a free, moral and cohesive society based on general participation, social inclusion and market
economy. Th e connection between the stakeholder approach and other concepts such as social enterpreneurship and social responsibility is a strong one.
Keywords
stakeholders; stakeholder approach; stakeholder company; stakeholder; management; corporate social responsibility
Hrčak ID:
84685
URI
Publication date:
1.6.2012.
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