Stakeholders matter :: a new paradigm for strategy in society /

"The dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic v...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Sachs, Sybille
Weitere Verfasser: Rühli, Edwin
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge ; New York : Cambridge University Press, 2011.
Schriftenreihe:Business, value creation, and society.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:"The dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic views on the theory of the firm and dominant theories of strategic management, and develops a new understanding of value creation away from pure self-interest toward mutuality. This new 'stakeholder paradigm' is based on a network view, whereby mutuality enhances benefits and reduces risks for the firm and its stakeholders. The understanding of mutual value creation is operationalized according to the license to operate, to innovate and to compete. The book develops a vision for a strategy in society in which, rather than the invisible hand of the market, it the visible hands of the firm and the stakeholders that lead to an overall increase in the welfare of society"--
Beschreibung:1 online resource (xviii, 278 pages) : illustrations
Bibliographie:Includes bibliographical references and index.
ISBN:9781139159043
1139159046
0521196396
9780521196390
1283342251
9781283342254
9781139161091
1139161091
9781139026963
1139026968
9781139157285
1139157280
1107223555
9781107223554
1139152629
9781139152624
1139160095
9781139160094
9786613342256
6613342254
1139155539
9781139155533
9781107624634
1107624630

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