A stakeholders refers to any party or individual who might have an interest in a business's activity or might be affected by the business.The common stakeholders are: 1)Owners 2)Managers 3)Employees 4)Community 5)Suppliers 6)Government 7)Customers
Increíble, muchas gracias UA-cam, por permitir subir estos materiales de fuente directa de sus creadores. UA-cam es el "stakeholder" de todas las actividades empresariales y educativas de la segunda década del siglo XXI.👏👏👏. Un gran saludo, desde la ciudad de Posadas, Provincia de Misiones, República Argentina 🇦🇷.
It’s important to understand you must talk the talk and walk the walk. Mutual exclusivity does not exist unless your working at a radio station. In isolation communication only can be a sign of stress and a lack of management target strategy progress. This ultimately will lead to business decline.
By mere virtue of the firm seeking profit, the suppliers customers, employees etc. have to be satisfied with their relationship with "the firm" that is capitalism. Mr. Freeman's words are moot because all stakeholder's interest are already aligned. Even the debt holders (the opposite of shareholders) want the firm to maximize profits!
@addisnicola - Check out Professor Freeman's paper: "Company Stakeholder Responsibility: A New Approach to CSR" on our website (UA-cam won't allow me to post a url link here, but look on our main site under publications, bridge papers, and you will find it) Our main site is corporate - ethics . org (minus the spaces).
Looks like a win-win strategy, where alla the parts are involved and must be happily successful, community included, and sounds very appealing. Nowdays, in 2023, do you think we're going in that direction? When the "elitè" are talking about "stakeholder" governance? I don't think so, because it's quite clear that not all the parts involved have the same weight in the decisional process. Nonetheless the guys with power (either political or financial) look forward to have this kind of global governance come true. Unless the "happy slaves" aka "You'll own nothing and be happy", come into the equation of this theory which is unlikely what Mr. Freeman (nomen omen) was talking about in this video. I'm sure of that.
ua-cam.com/video/Ih5IBe1cnQw/v-deo.html "R. Edward Freeman of the Darden School of Business at the University of Virginia gives insights into "Stakeholder Theory". This video is part of the Masters Seminars in Business Ethics video series. The series features thought leaders in business ethics addressing topics in their particular fields of expertise, including their approach to teaching business ethics. The purpose of the series is to make the best thinking in business ethics globally available free-of-charge for educators, students, and managers interested in embedding ethics into business practice. This series is a partnership between the Darden School of Business at the University of Virginia and the Business Roundtable Institute for Corporate Ethics."
This message is more important now than ever. Capitalism doesn’t need to be destroyed, it is in dire need of serious reform. Jack Welsh’s legacy needs to be shaken off and learned from.
Spent 4hrs trying to research this n he just sums it up perfectly in 3 mins. UA-cam I love you!
LMAO
Your goal now is to understand the difference between stakeholder theory, and ESG. Good Luck, may the force be with you.
A stakeholders refers to any party or individual who might have an interest in a business's activity or might be affected by the business.The common stakeholders are:
1)Owners
2)Managers
3)Employees
4)Community
5)Suppliers
6)Government
7)Customers
I struggle to see what's unique about this theory - it's a mixture of platitudes, undeniable trivial statements and falsehoods.
Increíble, muchas gracias UA-cam, por permitir subir estos materiales de fuente directa de sus creadores. UA-cam es el "stakeholder" de todas las actividades empresariales y educativas de la segunda década del siglo XXI.👏👏👏. Un gran saludo, desde la ciudad de Posadas, Provincia de Misiones, República Argentina 🇦🇷.
Great Video- The theory itself need to be implemented in businesses today, because I sure don't see it happening (as often as it should).
wow, well said R. Edward Freeman...so informative now I can carry on with my assessment on stakeholder theory.
Such a great video really helped simplify the main idea for me!!!!
you are a moron that doesnt get this impleis corruption and erasing of the lines between whats private and what belongs to the estate
you are a mo ron that doesnt get this impleis corruption and erasing of the lines between whats private and what belongs to the estate
I like Freeman’s even xplanation on the stakeholder theory
Stakeholders theory key component is communication, because you need to “create something that no one of them can create alone”
its and excuzse for corruption and socilist corporativism like in fascist itally you STU PID FU K
It’s important to understand you must talk the talk and walk the walk. Mutual exclusivity does not exist unless your working at a radio station. In isolation communication only can be a sign of stress and a lack of management target strategy progress. This ultimately will lead to business decline.
By mere virtue of the firm seeking profit, the suppliers customers, employees etc. have to be satisfied with their relationship with "the firm" that is capitalism.
Mr. Freeman's words are moot because all stakeholder's interest are already aligned. Even the debt holders (the opposite of shareholders) want the firm to maximize profits!
As much as I like his sentiments, how do you put business metrics on what he is suggesting?
Hence theory lol
This guy saved my final report..
Great that he summed it up quickly so I don't need to waste time reading a ton for this essay lol
Great set of videos, thanks for uploading!
mo ron
@addisnicola - Check out Professor Freeman's paper: "Company Stakeholder Responsibility: A New Approach to CSR" on our website (UA-cam won't allow me to post a url link here, but look on our main site under publications, bridge papers, and you will find it) Our main site is corporate - ethics . org (minus the spaces).
Looks like a win-win strategy, where alla the parts are involved and must be happily successful, community included, and sounds very appealing.
Nowdays, in 2023, do you think we're going in that direction? When the "elitè" are talking about "stakeholder" governance? I don't think so, because it's quite clear that not all the parts involved have the same weight in the decisional process.
Nonetheless the guys with power (either political or financial) look forward to have this kind of global governance come true.
Unless the "happy slaves" aka "You'll own nothing and be happy", come into the equation of this theory which is unlikely what Mr. Freeman (nomen omen) was talking about in this video. I'm sure of that.
Anyone know where this is from? Like the original source? Because I need to find the reference for university. Thanks
ua-cam.com/video/Ih5IBe1cnQw/v-deo.html
"R. Edward Freeman of the Darden School of Business at the University of Virginia gives insights into "Stakeholder Theory". This video is part of the Masters Seminars in Business Ethics video series. The series features thought leaders in business ethics addressing topics in their particular fields of expertise, including their approach to teaching business ethics. The purpose of the series is to make the best thinking in business ethics globally available free-of-charge for educators, students, and managers interested in embedding ethics into business practice. This series is a partnership between the Darden School of Business at the University of Virginia and the Business Roundtable Institute for Corporate Ethics."
stake holder theory - a revolution
well said Professor.
its and excuzse for corruption and socilist corporativism like in fascist itally you STU PID FU K
Excelent video. Thx :D
This message is more important now than ever. Capitalism doesn’t need to be destroyed, it is in dire need of serious reform. Jack Welsh’s legacy needs to be shaken off and learned from.
Excellent vid! An ethical way to make profit for your business.☺
providing the best product is not unethical.
its and excuzse for corruption and socialist corporativism like in fascist itally you STU PID FU K
@corporateethics thanks a lot! very quick and useful answer! have you got papers about stakeholder theory and financial (banking) sector?
Very helpful - Thanks!
So helpful thank you
very good video
Alright, this is kinda beautiful.
its and excuzse for corruption and socilist corporativism like in fascist itally you STU PID FU K
I've never heard someone pronounce financers that way before, its like he added some suave to it
How is this related with csr? or, better said, what's the difference with csr? it's csr just a new way so refer to stakeholder theory?
9 years later and I am like...do you still need an answer?
its and excuzse for corruption and socilist corporativism like in fascist itally
my symbolic logic instructor at Washington university 1975
Holy crap, this is such trite
sick vid !
its and excuzse for corruption and socilist corporativism like in fascist itally you STU PID FU K
UBC COMM101!
yay so much shorter than friedmans article
As if length is a metric of truth.