Abstract
The purpose of this article is to show how the concept of stakeholders in an organization can be used to understand the tasks of the board of directors. The authors argue that a volunteeristic approach to questions of corporate governance which focuses on effective director behavior is preferable to structural change via legislation.
Keywords
Corporate governancePerspective (graphical)ShareholderLegislationBusinessStakeholderAccountingPublic relationsShareholder primacyPolitical scienceComputer scienceLawFinance
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Publication Info
- Year
- 1983
- Type
- article
- Volume
- 25
- Issue
- 3
- Pages
- 88-106
- Citations
- 2577
- Access
- Closed
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Cite This
R. Edward Freeman,
David L. Reed
(1983).
Stockholders and Stakeholders: A New Perspective on Corporate Governance.
California Management Review
, 25
(3)
, 88-106.
https://doi.org/10.2307/41165018
Identifiers
- DOI
- 10.2307/41165018