Stakeholder Value Perspective
Definition: Stakeholder Value Perspective is the view that sees organizations primarily as coalitions which must serve all parties involved. The organizational purpose is to achieve satisfaction among all stakeholders.
Stakeholder value advocates believe that the success of an organization should be measured by the satisfaction among all stakeholders. And they see stakeholder management both as an end/purpose and as a means. Unlike proponents of the shareholder value perspective, they believe that social responsibility is an organizational matter. Also they claim that society is best served by organizations pursuing joint interests and economic symbiosis.
More on corporate governance: Agency Problem, Belief System, Board of Directors, Boundary System, CEO Duality, more...
You may also like:
Full-time MBA, Executive MBA, Executive Education, Online MBA.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 24-9-2023 - Privacy | Terms