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Chant Series



Robert A. Phillips , R. E. Freeman

Edited by Robert A. Phillips, Associate Professor, University of Richmond, US and R. Edward Freeman, Elis and Signe Olsson Professor of Business Administration, The Darden School, University of Virginia, US

2010 688 pp Hardback 978 1 84844 780 6

Hardback £219.00 on-line price £197.10


Series: Elgar Mini Series

‘This impressive volume provides a comprehensive view of stakeholder scholarship, spanning strategic and ethical perspectives, theory and research, supporters and critics. This collection is an invaluable resource and guide for understanding the core of stakeholder scholarship, and the chapters provide a clear sense of the dialogue among scholars that has propelled an evolution in thought and practice.’
– Joshua Margolis, Harvard Business School, US

37 articles, dating from 1984 to 2008 Contributors include: M. Blair, T. Donaldson, M. Jensen, T. Jones, T. Rowley, S. Venkataraman, J. Walsh, A. Wicks

Further information

This landmark book takes a retrospective look at the most important and influential works in the study of stakeholders since Freeman’s 1984 publication, Strategic Management: A Stakeholder Approach. 2009 marked the 25th anniversary of this watershed in organizational scholarship, so now is an excellent time for Phillips and Freeman to revisit this topical and exciting subject.

From the tremendous upsurge in the literature, the editors have carefully selected ground-breaking works on topics including corporate governance, stakeholder-agency theory, management models, ethical theory and stakeholder orientation. This invaluable volume will shape the thinking of scholars and academics for the next 25 years.

Full table of contents



Introduction Robert A. Phillips and R. Edward Freeman

1. R. Edward Freeman (1984), ‘Stakeholder Management: Framework and Philosophy’
2. R. Edward Freeman and William M. Evan (1990), ‘Corporate Governance: A Stakeholder Interpretation’
3. R. Edward Freeman (1994), ‘The Politics of Stakeholder Theory: Some Future Directions’
4. Margaret M. Blair (1995), ‘Whose Interests Should Corporations Serve?’
5. Thomas M. Jones (1995), ‘Instrumental Stakeholder Theory: A Synthesis of Ethics and Economics’
6. Margaret M. Blair (1998), ‘For Whom Should Corporations Be Run? An Economic Rationale for Stakeholder Management’
7. Thomas Donaldson and Lee E. Preston (1995), ‘The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications’
8. Ronald K. Mitchell, Bradley R. Agle and Donna J. Wood (1997), ‘Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts’
9. Robert A. Phillips (1997), ‘Stakeholder Theory and a Principle of Fairness’
10. Timothy J. Rowley (1997), ‘Moving Beyond Dyadic Ties: A Network Theory of Stakeholder Influences’
11. Jeff Frooman (1999), ‘Stakeholder Influence Strategies’
12. Russell W. Coff (1999), ‘When Competitive Advantage Doesn’t Lead to Performance: The Resource-based View and Stakeholder Bargaining Power’
13. Shawn L. Berman, Andrew C. Wicks, Suresh Kotha and Thomas M. Jones (1999), ‘Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance’
14. Thomas M. Jones and Andrew C. Wicks (1999), ‘Convergent Stakeholder Theory’
15. Stuart Ogden and Robert Watson (1999), ‘Corporate Performance and Stakeholder Management: Balancing Shareholder and Customer Interests in the U.K. Privatized Water Industry’
16. Richard Marens and Andrew Wicks (1999), ‘Getting Real: Stakeholder Theory, Managerial Practice, and The General Irrelevance of Fiduciary Duties Owed to Shareholders’
17. Thomas A. Kochan and Saul A. Rubinstein (2000), ‘Toward a Stakeholder Theory of the Firm: The Saturn Partnership’
18. Michael C. Jensen (2002), ‘Value Maximization, Stakeholder Theory, and the Corporate Objective Function’
19. S. Venkataraman (2002), ‘Stakeholder Value Equilibration and the Entrepreneurial Process’
20. Marguerite Schneider (2002), ‘A Stakeholder Model of Organizational Leadership’
21. R. Edward Freeman and Robert A. Phillips (2002), ‘Stakeholder Theory: A Libertarian Defense’
22. Richard A. Wolfe and Daniel S. Putler (2002), ‘How Tight Are the Ties that Bind Stakeholder Groups?’
23. Robert A. Phillips, R. Edward Freeman and Andrew C. Wicks (2003), ‘What Stakeholder Theory is Not’
24. Timothy J. Rowley and Mihnea Moldoveanu (2003), ‘When Will Stakeholder Groups Act? An Interest-and Identity-based Model of Stakeholder Group Mobilization’
25. Robert Phillips (2003), ‘Stakeholder Legitimacy’
26. Anant K. Sundaram and Andrew C. Inkpen (2004), ‘The Corporate Objective Revisited’
27. R. Edward Freeman, Andrew C. Wicks and Bidhan Parmar (2004), ‘Stakeholder Theory and “The Corporate Objective Revisited”’
28. Anant K. Sundaram and Andrew C. Inkpen (2004), ‘Stakeholder Theory and “The Corporate Objective Revisited”: A Reply’
29. Cheryl Carleton Asher, James M. Mahoney and Joseph T. Mahoney (2005), ‘Towards a Property Rights Foundation for a Stakeholder Theory of the Firm’
30. John F. McVea and R. Edward Freeman (2005), ‘A Names-and-Faces Approach to Stakeholder Management: How Focusing on Stakeholders as Individuals Can Bring Ethics and Entrepreneurial Strategy Together’
31. James P. Walsh (2005), ‘Book Review Essay: Taking Stock of Stakeholder Management’
32. Thomas M. Jones, Will Felps and Gregory A. Bigley (2007), ‘Ethical Theory and Stakeholder-related Decisions: The Role of Stakeholder Culture’
33. Jerry D. Goodstein and Andrew C. Wicks (2007), ‘Corporate and Stakeholder Responsibility: Making Business Ethics a Two-Way Conversation’
34. R. Edward Freeman (2007), ‘Managing for Stakeholders’, from ‘The Purpose of the Corporation’
35. Mary Sully De Luque, Nathan T. Washburn, David A. Waldman and Robert J. House (2008) ‘Unrequited Profit: How Stakeholder and Economic Values Relate to Subordinates’ Perceptions of Leadership and Firm Performance’

Name Index

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