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2009•Journal of Minjiang UniversityRequires access

Summary of Stakeholder Theory

Lin Ping

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Abstract

Stakeholder theory,a corporate governance theory which has challenged the traditional concept of shareholders supremacists has been accepted in recent years.This paper analyses stakeholder theory from the theoretical background,definition and types,and the relationship between stakeholder theory and corporate governance,presenting the effect of the stakeholder theory on the business practices and its limitations.

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What this paper is about

Stakeholder theory,a corporate governance theory which has challenged the traditional concept of shareholders supremacists has been accepted in recent years.This paper analyses stakeholder theory from the theoretical background,definition and types,and the relationship between stakeholder theory and corporate governance,presenting the effect of the stakeholder theory on the business practices and its limitations.

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Available abstract

Stakeholder theory,a corporate governance theory which has challenged the traditional concept of shareholders supremacists has been accepted in recent years.This paper analyses stakeholder theory from the theoretical background,definition and types,and the relationship between stakeholder theory and corporate governance,presenting the effect of the stakeholder theory on the business practices and its limitations.

Key concepts: Stakeholder, Stakeholder theory, Corporate governance, Shareholder, Stakeholder analysis, Business, Political science, Public relations

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