Practicality, paradigms, and problems in stakeholder theorizing

Article Abstract:

Jones and Wicks' proposed convergent stakeholder theory is a laudable attempt to bring theoretical work in the business and society field back into the realm of practicability. However, the approach selected by Jones and Wick fails to provide compelling evidence that the divergent viewpoints of normative and empirical stakeholder theorists can be united. Nonetheless, Jones and Wick's perspective is a interesting one and should provoke further research into the possibility of theoretical integration.

Author: Gioia, Dennis A.
Organizational behavior

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Divergent stakeholder theory

Article Abstract:

Jones and Wicks' approach to stakeholder theory goes in the wrong direction. Instead of working to create narratives that are divergent, they propose to use the dubious Donaldson-Preston typology of stakeholder theories to unite the viewpoints of normative and empirical theorists. Jones and Wicks' mistaken belief that ethics and instrumental theory can be linked is yet another proof of the misguidedness of their approach to stakeholder theory.

Author: Freeman, R. Edward
Organizational change

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Subjects list: Models, Analysis, Management, Executives, Business enterprises, Business ethics
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