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Author: | Hill, C. W. L. Jones, T. M. |
Title: | Stakeholder/agency theory |
Journal: | Journal of Management Studies
1992 : MAR, VOL. 29:2, p. 131-154 |
Index terms: | |
Freeterms: | UNTERNEHMENSSTRATEGIE, UNTERNEHMERETHIK, BETRIEBSZIEL |
Language: | eng |
Abstract: | Taking agency theory and stakeholder theory as points of departure, this article proposes a paradigm that helps explain - certain aspects of a firm's strategic behavior, - the structure of management/stakeholder contracts, - the form taken by the institutional structures that monitor and enforce contracts between managers and other stakeholders, - the evolutionary process that shapes both management/stakeholder contracts and the institutional structures that police those contracts. |
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