The modern corporation is an institution of enormous economic power and social impact. Corporations have grown in size and numbers all over the world because of their ability to mobilize productive resources and create new wealth. The evolution of the corporation has given rise to new opportunities and challenges that require a redefinition of the corporation and its objectives.
The legitimacy of the corporation as an institution, its "license to operate" within society, depends not only on its success in wealth creation but also on its ability to meet the expectations of diverse constituents who contribute to its existence and success. These constituencies and interests are the corporation's stakeholders―resource providers, customers, suppliers, alliance partners, and social and political actors. Consequently, the corporation must be seen as an institution engaged in mobilizing resources to create wealth and benefits for all its stakeholders.
This book presents a stakeholder view of the corporation in both theoretical and practical terms. Its central proposition is that organizational wealth is created (or destroyed) through a corporation's interactions with its stakeholders. Effective stakeholder management develops and utilizes relationships between a corporation and its stakeholders for mutual benefit, thereby accomplishing the fundamental purpose of wealth creation.
Following the empirical maxim that "Corporations are what they do," the authors examine the stakeholder management practices of three major corporations: Cummins Engine Company, Motorola, and the Royal Dutch/Shell Group. These companies are very different, and their current stakeholder management policies and practices have evolved in very different ways. However, they share a common commitment to humanistic values and to continuous learning. Their varied experiences illustrate some of the opportunities and challenges of stakeholder management, and confirm the appropriateness of the stakeholder view of the corporation as a basis for strategy and policy.
"synopsis" may belong to another edition of this title.
"About this title" may belong to another edition of this title.
Shipping:
US$ 3.99
Within U.S.A.
Book Description Condition: New. pp. 376 1st Edition. Seller Inventory # 26548668
Book Description Condition: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service. Seller Inventory # ABEOCT23-269723
Book Description Condition: New. pp. 376. Seller Inventory # 8380643
Book Description Hardcover. Condition: new. This item is printed on demand. Seller Inventory # 9780804743044
Book Description Condition: New. Seller Inventory # 4817904-n
Book Description HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # FW-9780804743044
Book Description Condition: New. Seller Inventory # ABLIING23Feb2416190202206
Book Description Condition: New. This volume presents a stakeholder view of the corporation in both theoretical and practical terms. Its central proposition is that organizational wealth is created or destroyed through a corporation's interactions with its stakeholders. Three major corporations are discussed, including Motorola. Num Pages: 376 pages, illustrations. BIC Classification: KJK. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 419 x 419 x 597. Weight in Grams: 454. . 2002. 1st Edition. Hardcover. . . . . Seller Inventory # V9780804743044
Book Description Hardcover. Condition: Brand New. 320 pages. 9.25x6.50x1.00 inches. In Stock. Seller Inventory # x-0804743045
Book Description Condition: New. Seller Inventory # 4817904-n