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What managers do: comparing Rhenman and Freeman

Vandekerckhove, Wim (2009) What managers do: comparing Rhenman and Freeman. Philosophy of Management, 8 (3). pp. 25-35. ISSN 1740-3812

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Abstract

Since the 1990s, stakeholder theory has become a central framework within the field of business ethics, both for academics as for practitioners. The definition of what a stakeholder is, is always attributed to Freeman in his book Stakeholder Management from 1984. It is also common to contrast Freeman’s definition to the 1963 definition from the Stanford Research Institute. However, a largely forgotten work is that by Rehnman from 1964.
This paper compares the respective stakeholder conceptualisations of Rhenman and Freeman. A semantic analysis of their work reveals the differences in assumptions and implications underlying Freeman’s and Rehnman’s definitions with regard to the ontological status of a corporation, the nature of the stake and the role of management. Some explanations are formulated as to why Freeman has apparently eclipsed Rhenman.

Item Type: Article
Additional Information: Author was also guest editor of Philosophy of Management, for Volume 8(3), and wrote the "Guest Editor Introduction: Management and Stakeholders - 25 Years On" for this issue.
Uncontrolled Keywords: business ethics, philosophy of management, stakeholder theory
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HD Industries. Land use. Labor
B Philosophy. Psychology. Religion > BJ Ethics
School / Department / Research Groups: School of Business
School of Business > Department of Human Resources & Organisational Behaviour
Related URLs:
Last Modified: 14 Jan 2011 15:34
URI: http://gala.gre.ac.uk/id/eprint/3945

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