STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
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Sony “Sony. Like no other.”‚ is Sony Corporations slogan and one could not describe it better. Sony is a multinational conglomerate that is a leading manufacturer of electronics‚ video‚ communications‚ and information technology. Sony is among the Worldwide Top 20 Semiconductor Sales Leaders. However Sony is just like its slogan states‚ “Like no other”. In 2005 Sony incorporated the Extended Copy Protection and MediaMax CD-3 on a total of 102 different titles of music CDs. This company that seemed
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www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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analyses the strategic capability of a company in an electronic industry‚ SONY Corporation. In analysing how SONY Corporation is competitive‚ the study utilised SWOT‚ resource audit‚ core competencies and value chain analyses for the industry attractiveness. Practical and strategic recommendations are elicited in relation to some pitfalls observed in the case study. Furthermore‚ analysis on the possible steps taken by SONY are also discussed. SWOT ANALYSIS Strengths. One of SONY’s
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SETA survey of representatives in Tribunal cases 2008 Research Paper The use of social media in the recruitment process Ref: 03/13 2013 Andrea Broughton‚ Beth Foley‚ Stefanie Ledermaier and Annette Cox (IES) For any further information on this study‚ or other aspects of the Acas Research and Evaluation programme‚ please telephone 020 7210 3673 or email research@acas.org.uk Acas research publications can be found at www.acas.org.uk/researchpapers ISBN 978-1-908370-32-7
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The formation and evolution of Sony Ericsson alliance Creativity and flexibility is required in order to succeed in the mobile-phone industry. No other industry changes faster‚ or experiences more sudden and rapid changes to fortunes (Bowman 2006‚ pg 1). The industry was shaken by the alliance of two consumer electronic giants in October 2001‚ Sony Corporations and Ericsson AB. Sony Ericsson mobile communications is a fifty-fifty joint venture between Japan’s Sony Corp. and Sweden’s Ericsson AB
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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businesses. (Japanese‚ 2011) Sony is a market leader in the consumer electronics industry. It’s major competitive advantage is quality and innovation‚ and senior management always keeps these in mind while formulating long-term strategies. In this research‚ we will explain the current situation of the Sony Company by using many strategic tools which leads us to some recommendations to help the corporation face the future strategies and challenges. INTRODUCTION Sony‚ originally known as Tokyo
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