The Stakeholder Theory of the Firm: A Methodology to Generate Value Matrix Weights
Business Ethics Quarterly1992Vol. 2(2), pp. 99–119
Citations Over TimeTop 11% of 1992 papers
Abstract
Various authors advocate consideration of stakeholder value concerns in organizational decision making. Brenner and Cochran (1990, 1991) propose a stakeholder theory of the firm which contains several propositions and a stakeholder value matrix. In order to begin any stakeholder model validation, an approach is needed to measure stakeholder value and influence weights. We propose a multicriteria decision modeling approach, utilizing the analytic hierarchy process, to estimate stakeholder value matrix weights. This approach is illustrated using a simplified example and suggestions are made regarding the process needed to begin to validate the stakeholder theory of the firm.
Related Papers
- → Reasoning about Responsibilities: Mining Company Managers on What Stakeholders are Owed(2002)106 cited
- → Confucian Stakeholder Theory: An Exploration(2015)25 cited
- → Power Stakeholder dalam Bisnis(2021)1 cited
- From Stakeholder Influence,Stakeholder Participation to Stakeholder Co-governance——A Review and Revelation on Stakeholder Theory Development(2008)
- → Power Stakeholder dalam Bisnis(2017)