{"product_id":"stakeholders-matter-a-new-paradigm-for-strategy-in-society-paperback-9781107624634","title":"Stakeholders Matter; A New Paradigm for Strategy in Society (Paperback \/ softback) 9781107624634","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eStakeholders Matter\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA New Paradigm for Strategy in Society\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eChallenges the basic assumptions of the dominant shareholder-value model and develops a new understanding of value creation based on mutuality.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eSybille Sachs (Author), Edwin Rühli (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107624634, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 22 August 2013\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e298 pages, 25 b\/w illus.  10 tables\u003cbr\u003e22.9 x 15.2 x 1.6 cm, 0.4 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic views on the theory of the firm and dominant theories of strategic management, and develops a new understanding of value creation away from pure self-interest toward mutuality. This new 'stakeholder paradigm' is based on a network view, whereby mutuality enhances benefits and reduces risks for the firm and its stakeholders. The understanding of mutual value creation is operationalized according to the license to operate, to innovate and to compete. The book develops a vision for a strategy in society in which, rather than the invisible hand of the market, it the visible hands of the firm and the stakeholders that lead to an overall increase in the welfare of society.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of figures\u003cbr\u003e List of tables\u003cbr\u003e Foreword Edward Freeman\u003cbr\u003e 1. Challenges for a new paradigm in strategic management\u003cbr\u003e Part I. Development of the Basic Assumptions of a New Stakeholder Paradigm: 2. The economic paradigm and its basic assumptions\u003cbr\u003e 3. Contribution of stakeholder theory to our understanding of the stakeholder paradigm\u003cbr\u003e 4. The stakeholder paradigm\u003cbr\u003e Part II. Our Understanding of the Stakeholder Paradigm and its Operationalization: 5. Our understanding of the stakeholder paradigm operationalized in the three licenses\u003cbr\u003e 6. License to operate\u003cbr\u003e 7. License to innovate\u003cbr\u003e 8. License to compete\u003cbr\u003e 9. Challenges resulting from a paradigm shift\u003cbr\u003e Appendix\u003cbr\u003e Glossary\u003cbr\u003e Notes\u003cbr\u003e Bibliography.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Management \u0026amp; management techniques [\u003ca title=\"See our other books on Management \u0026amp; management techniques\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Management%20\u0026amp;%20management%20techniques%20%5BKJM%5D%22\"\u003eKJM\u003c\/a\u003e], Business ethics \u0026amp; social responsibility [\u003ca title=\"See our other books on Business ethics \u0026amp; social responsibility\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20ethics%20\u0026amp;%20social%20responsibility%20%5BKJG%5D%22\"\u003eKJG\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46265802162456,"sku":"9781107624634","price":29.29,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781107624634i_69b4fc7a-a0b6-4a02-8b13-1bc3f38d71dc.jpg?v=1696770229","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/stakeholders-matter-a-new-paradigm-for-strategy-in-society-paperback-9781107624634","provider":"Freshly Printed Books","version":"1.0","type":"link"}