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R. Edward Freeman Quotes

born 1951 United States

Robert Edward Freeman (born December 18, 1951) is an American philosopher and professor of business administration at the University of Virginia Darden School of Business, particularly known for his work on stakeholder theory (1984) and on business works.

United States
Academics
Business theorists
Economists

Random R. Edward Freeman quote

4 quotes

A stakeholder in an organization is (by definition) any group or individual who can affect or is affected by the achievement of the organization's objectives.

"Stakeholder Management" as a concept, refers to the necessity for an organization to manage the relationships with its specific stakeholder groups in an action-oriented way.

Historically, moves to new ways of moral decision making depend on and occur in pockets of people of good will, who can explore with each other novel ways of relating without threatening or being threatened.

Lack of specificity around stakeholder identity remains a serious obstacle to the further development of stakeholder theory and its adoption in actual practice by business managers. Nowhere is this shortcoming more evident than in stakeholder theory's treatment of the constituency known as 'community.

Freeman (2001)

Attribution

Quotes and notes from Wikiquote: R. Edward Freeman (page history), available under CC BY-SA 4.0.