search query: @indexterm Power / total: 583
reference: 47 / 583
Author: | Ojala, J Luoma-aho, V |
Title: | Stakeholder relations as social capital in early modern international trade |
Journal: | Business history
2008 : NOV, VOL. 50:6, p. 749-764 |
Index terms: | stakeholders finland power trade communication |
Freeterms: | social capital |
Language: | eng |
Abstract: | Stakeholders relations that are available through networks of various sorts are one benefit from social capital. According to the stakeholder approach to organizations, those relationships that contain most of the important attributes - such as power, legitimacy, frequency of contact and urgency - hypothetically dominate the business environment. This has caused modern corporations to view chiefly the dominant stakeholders as important. This study bases on the archives of two major Finnish trading houses from 1781 to 1852. The results seem to confirm the importance of legitimacy and power in stakeholder relations, but particularly emphasize the significance of frequency and urgency. |
SCIMA