The stakeholder theory was originally detailed by Edward Freeman. It says that a company has to take into account that there are , next to the shareholders, other important people and organizations that exert an influence on the corporation.
On the one hand, stakeholders can endanger a company, e.g. striking employees or protesting environmental organizations. On the other hand, they can also cooperate and help the firm: when you have a good relationship with your suppliers, they may give you more credit.
A company has got stakeholders of many kinds. They can be intern - employees, managers, shareholders – as well as extern - customers, the government, … When you take a decision, it’s important to know what the stakeholders want because if they don’t accept it, they could take measures that hurt the company.
In the next blogs, examples of the positive and negative impact of the stakeholders will be given. We will also show the importance of the stakeholder theory.
(Source: http://en.wikipedia.org/wiki/Stakeholder_theory)
A real good summary of our topic!! This sure is the perfect introduction for our blog
BeantwoordenVerwijderenDries Vander Meeren