Introducing the politics of stakeholder influence: A review essay

F.G.A. De Bakker, F. Den Hond

Research output: Contribution to journalReview ArticleScientificpeer-review

Abstract

If stakeholder theory is to become a full theory of business–society relationships,
it will have to develop a better understanding of processes by which
stakeholders may gain and hold influence over firms. A better understanding
of the political processes involved is required. This paper—as well as the
papers in this special issue—takes a political ‘view’ to addressing the issue,
and thereby extends the currently dominant demographic and structural
approaches. It suggests that the influence of stakeholders over firms is the
temporary outcome of processes of action, reaction, and interaction among
various parties. Consequently, the further advancement of stakeholder theory
would benefit from the adoption of process-research methods and thinking.
Original languageEnglish
Peer-reviewed scientific journalBusiness & society
Volume47
Issue number1
Pages (from-to)8-20
Number of pages13
ISSN0007-6503
DOIs
Publication statusPublished - 01.03.2008
MoE publication typeA2 Review article in a scientific journal

Keywords

  • 512 Business and Management
  • stakeholder theory; process; politics; influence

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