Redefining the Corporation: Stakeholder Management and Organizational Wealth

By J. E. Post, L. Preston, Sybille Sachs. 2002

874 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Organizational Behavior and Human Resource Management, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/10bc290a23840ec921371fa4e861d0fa0630a991

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In Management Science and Operations Research

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Citations in the corpus

Voluntary Governance Mechanisms in Global Supply Chains: Beyond CSR to a Stakeholder Utility Perspective (2016, background): “15 management, particularly the idea that effective stakeholder management includes the importance of mutually beneficial policies (Post et al., 2002).”
Integrating corporate responsibility principles and stakeholder approaches into mainstream strategy: a stakeholder‐oriented and integrative strategic management framework (2007, background): “…and society is highlighted by the proposal for an ''enterprise strategy'' to enhance a company's societal legitimacy (Ansoff, 1979) and the ''redefined corporation'' seen as an institution engaged in mobilizing resources to create wealth and benefits for all its stakeholders (Post et al., 2002).”
Stakeholder Theory: Reviewing a Theory That Moves Us (2008, background): “Post, Preston, and Sachs (2002) propose a typology to address resource-based, industry structure–based, and sociopolitical-based stakeholders separately.”
A New Look at the Corporate Social–Financial Performance Relationship (2013, background): “…should involve further elaborating a stakeholder theory of the firm that is able to explain the unique contribution of each stakeholder group to a firm’s success (Post et al., 2002) and the financial implications of consistency in maintaining the good relationships with each stakeholder group.”
Social Issues and Management: Our Lost Cause Found (2003, background): “The dependent variable in empirical work typically represents the outcome a researcher thinks is important and worthy of explanation.”
Who is in charge? A property rights perspective on stakeholder governance (2012, neutral): “…those based on assumptions imported from neoclassical economics, do not adequately explain how firms create and capture value (Asher et al., 2005; Post et al., 2002; Sachs and Ruhli, 2011).2 The stakeholder literature is diverse, but a mainstream view is emerging based on the idea that a firm’s…”
Corporate social responsibility in the mining industry: Perspectives from stakeholder groups in Argentina (2012, methodology): “Stakeholders as often defined as ‘the individuals and constituencies that contribute, either voluntarily or involuntarily, to firms’ wealth-creating capacity and activities and that are therefore its potential beneficiaries and/or risk bearers’ (Post et al., 2002, pp. 19).”
ESG Performance and Shareholder Value Creation in the Banking Industry: International Differences (2019, methodology): “Following this theory, some authors such as Post, Preston, and Sachs [24] argue that companies should apply those social, environmental, and corporate governance aspects that are necessary, regardless of the costs incurred or the income they produce.”
Scandinavian Cooperative Advantage: The Theory and Practice of Stakeholder Engagement in Scandinavia (2015, background): “contributed over the years to the ever-growing—and contested (Miles 2012)—concept of stakeholder theory (e.g., Atkinson et al. 1997; Barnett 2007; Bosse et al. 2009; Carroll 1989; Clarkson 1995; Donaldson and Preston 1995; Freeman et al. 2007; Harrison et al. 2010; Hillman and Keim 2001; Jensen 2002”