A Stakeholder Approach to Strategic Management

32 Pages Posted: 16 Mar 2001  

R. Edward Freeman

University of Virginia - Darden School of Business

John McVea

University of Virginia - Darden School of Business

Date Written: 2001

Abstract

The purpose of this chapter is to outline the development of the idea of "stakeholder management" as it has come to be applied in strategic management. We begin by developing a brief history of the concept. We then suggest that traditionally the stakeholder approach to strategic management has several related characteristics that serve as distinguishing features. We review recent work on stakeholder theory and suggest how stakeholder management has affected the practice of management. We end by suggesting further research questions.

Suggested Citation

Freeman, R. Edward and McVea, John, A Stakeholder Approach to Strategic Management (2001). Darden Business School Working Paper No. 01-02. Available at SSRN: https://ssrn.com/abstract=263511 or http://dx.doi.org/10.2139/ssrn.263511

R. Edward Freeman (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
804-924-0935 (Phone)
804-924-6378 (Fax)

HOME PAGE: http://www.darden.virginia.edu/faculty/freeman.htm

John McVea

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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