Corporate Stakeholder Management
Western and Indian Perspectives—An Overview
Bibliographic Data
| ID | 12318731 |
|---|---|
| Authors | Shashank Shah (0000-0002-7477-9366, Shashank Shah is Doctoral Research Scholar, Sri Sathya Sai University, Prashanti Nilayam 515134, Anantapur District, Andhra Pradesh., corresponding author), A Sudhir Bhaskar (A. Sudhir Bhaskar is Professor, School of Business Management, Sri Sathya Sai University, Prashanti Nilayam 515134, Anantapur District, Andhra Pradesh., corresponding author) |
| Year | 2008 |
| Volume | 14 |
| Issue | 1 |
| Pages | 73-93 |
| Publication date | 2008-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Human Values (JOURNAL) |
| Journal identifiers | ISSN: 0971-6858 • E-ISSN: 0973-0737 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/097168580701400108 |
| OpenAlex | W2016299381 |
| Language | EN |
| References cited | 21 |
In recent times there have been scores of corporate failures all over the world due to moral turpitude, lack of good governance, and erosion of values. The need for a change in corporates’ approach towards stakeholder management is greater now than ever before. Though the term ‘stakeholder’ was first used in the West in the 1930s, this concept has been highlighted in the ancient Indian scriptures written centuries ago. These highlight the methodologies the kings used to ensure the welfare of all their stakeholders. The kings of yore, who considered themselves as trustees of their kingdom, can be compared to the top management in corporates of this era. Thus, the concepts highlighted in these ancient scriptures find as much relevance and applicability even in today's times. This article takes a brief look at few of the studies undertaken in this area and also highlights excerpts from the ancient Indian scriptures to prove that the concept of stakeholder management owes its origin to India
Business · Corporate governance · Economics · Environmental ethics · Management · Political science · Public relations · Relevance (law · Sociology · Stakeholder · Stakeholder analysis · Stakeholder management · Stakeholder Theory · Corporate Social Responsibility Reporting · Ethics in Business and Education · Law · Management and Organizational Studies · Philosophy
| Highly cited | No |
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