Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts

@article{Mitchell1997TowardAT,
  title={Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts},
  author={Ronald K. Mitchell and Bradley R. Agle and D. Wood},
  journal={Academy of Management Review},
  year={1997},
  volume={22},
  pages={853-886}
}
Stakeholder theory has been a popular heuristic for describing the management environment for years, but it has not attained full theoretical status. Our aim in this article is to contribute to a theory of stakeholder identification and salience based on stakeholders possessing one or more of three relationship attributes: power, legitimacy, and urgency. By combining these attributes, we generate a typology of stakeholders, propositions concerning their salience to managers of the firm, and… Expand

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