The Stakeholder Theory of the Corporation: Concepts‚ Evidence‚ and Implications Author(s): Thomas Donaldson and Lee E. Preston Source: The Academy of Management Review‚ Vol. 20‚ No. 1 (Jan.‚ 1995)‚ pp. 65-91 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/258887 Accessed: 20/04/2010 23:08 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms
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world. How can different organizational theory perspectives assist us in acquiring different understanding of Apple‚ its organizational network and influence? In this essay you must use at least two perspectives to analyze Apple. Introduction In this revolutionised world‚ changes occur rapidly‚ be it in an organized or disorganized way (Henry Veltmeyer 2008). Organisations are dealing with more complex systems and concepts. The study of organisational theories gradually gains importance because it
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behavior‚ some of which were already known. The list also includes instances where standard well-control protocols were not followed” (Kreitner & Kinicki‚ 2013‚ p. 362). In this week’s chapter case study‚ the Deepwater Horizon Disaster was due to the BP and Transocean using the non-rational model of decision making. More specifically‚ these companies unconsciously used Simon’s Normative Model as it relates to bounded rationality which are constraints that restrict rational decision making (Kreitner
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The Stakeholder theory of the firm (Course: Business ethics) Coursework 2013 Faculty of Economics Content Introduction ................................................................................................................................ 3 1 Basic idea of the Stakeholder Theory ................................................................................ 4 1.1 1.2 Who are the stakeholders ....................................................................
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CONTEXTUALIZING MANAGEMENT AND BUSINESS THEORIES FOR AFRICA Term Paper Organizational Theory MOI UNIVERSITY – NAIROBI CAMPUS Presented to : Dr. Komen Presented By: Mohammed Shakeel Salyani SBE/D/101/12 Table of Contents 1. The issue of the applicability of extant theories of management and business to the African context. 2 2. The underlying assumptions and prescriptions of dominant management theories and to what extent are they relevant to African challenges and
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British Parliamentary Debate-----Summary of Speakers’ Role in BP Style Opening Government OG1 (Prime Minister) 1. Define 2. Develop case/ state issue 3. Team Split/ Arguments(Usually two) 4. Ending OG2 (Deputy Prime Minister) 1. Rebuttal against OO1 2. Defend your case—if OO1 challenge your stand or definition 3. 1 or more arguments 4. Brief summary as ending for both OG1 & OG2 Opening Opposition OO1 (Leader of Opposition) 1. Accept/ Reject/ Clarify Definition 2. Rebuttals 3.
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why did BP get involved in so much questionable conduct? I think that their main problem when starting the business was money‚ money‚ and money. I’m sure that all they really cared about was making a lot of money; by having “money on the brain” they probably didn’t care about everything else. When they started having problems‚ like the explosion that killed 15 people‚ they didn’t realize that ignoring the little things that caused these problems was going to cost them big time. If BP just took
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The theory of representative bureaucracy considers that the bureaucratic power can be more aligned with citizens‚ whether the public administrators know the sociodemographic characteristics of the community they are serving. From the point of view of this theory‚ the impacts of power that does not represent the characteristics of the community on democracy can be diminished when considering the representative bureaucracy. The inclusion approach of the characteristic aspects of society in the bureaucracy
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The stakeholder theory is a theory of organizational management and business ethics that addresses morals and values in managing an organization.[1] It was originally detailed by R. Edward Freeman in the book Strategic Management: A Stakeholder Approach‚ and identifies and models the groups which are stakeholders of a corporation‚ and both describes and recommends methods by which management can give due regard to the interests of those groups. In short‚ it attempts to address the "Principle of Who
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III. Discuss and evaluate the leadership of change: a.) When it comes to BP and the changes that were made in the post-crisis era since the oil spill it is very important to reference their history of safety violations. The oil spill of project Deepwater Horizon was one largest examples of their previous lack of care and respect to safety and the earth. Previous to the spill they have been in trouble with the authorities for illegal dumping of waste products in northern Alaska as well as being
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