Free Access

Stakeholder Theory and “The Corporate Objective Revisited”: A Reply

Anant K. Sundaram
Anant K. Sundaram
[email protected]
Thunderbird, The Garvin School of International Management, 15249 North 59th Avenue, Glendale, Arizona 85306
Search for more papers by this author
,
Andrew C. Inkpen
Andrew C. Inkpen
[email protected]
Thunderbird, The Garvin School of International Management, 15249 North 59th Avenue, Glendale, Arizona 85306
Search for more papers by this author

Anant K. Sundaram

[email protected]

Thunderbird, The Garvin School of International Management, 15249 North 59th Avenue, Glendale, Arizona 85306

Search for more papers by this author

Andrew C. Inkpen

[email protected]

Thunderbird, The Garvin School of International Management, 15249 North 59th Avenue, Glendale, Arizona 85306

Search for more papers by this author

Published Online:1 Jun 2004https://doi.org/10.1287/orsc.1040.0067

References

Freeman R. E., Wicks A. C., Parmar B. Stakeholder theory and “The corporate objective revisited.”. Organ. Sci. (2004) 15(3):364–369Link, Google Scholar
Sundaram A. K., Inkpen A. C. The corporate objective revisited. Organ. Sci. (2004) 15(3):350–363Link, Google Scholar
Wall Street Journal (2004) January 15):A14Enron justiceGoogle Scholar

Cited by
- Context-sensitive leadership: A theory-driven integrative review and implementation framework for the AI Era
  Strategic Business Research, Vol. 2, No. 1
- Impacts of risk transmission of SRDI enterprises on supply chain resilience
  19 May 2026 | Journal of Business & Industrial Marketing, Vol. 40
- Measuring Stakeholder Theory Mindsets: Development and Validation of a Measurement Scale
  24 April 2026 | Journal of Management, Vol. 10
- Stakeholder Satisfaction Interdependencies in 10-K Reports
  10 February 2026 | Journal of Business Ethics, Vol. 59
- Unpacking the impact of organizational culture and CSR on happiness management: effects on consumer happiness
  6 June 2025 | BMC Psychology, Vol. 13, No. 1
- How to have the best of both worlds: Value‐based decision‐making through stakeholder value trade‐offs
  22 July 2024 | Business Ethics, the Environment & Responsibility, Vol. 34, No. 4
- Identification of interdependent psychosocial variables in the entrepreneurial competence
  25 April 2023 | International Journal for Educational and Vocational Guidance, Vol. 25, No. 1
- Systematic review in financialization politics: the role of corporate governance and managerial compensation
  6 December 2023 | International Journal of Disclosure and Governance, Vol. 21, No. 3
- The Impact of Firmographics on Philanthropic Engagement in the Global Wine Industry
- References
- A Rawlsian Rule for Corporate Governance
  5 April 2023 | Journal of Business Ethics, Vol. 190, No. 2
- The determinants of higher education institutions’ (HEIs) sustainability reporting
  3 December 2023 | Cogent Business & Management, Vol. 10, No. 3
- Corporate social responsibility and forward default risk mediated by financial performance and goodwill
  Journal of Cleaner Production, Vol. 428
- Multistakeholder Benefits: A Meta-Analysis of Different Theories
  14 July 2022 | Business & Society, Vol. 62, No. 3
- Textual Analysis to Empirically Assess the Impact of Economic Crises on Stakeholder Orientation
  THE INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION, Vol. 9, No. 3
- Strategic orientation of the firm towards its stakeholders and inclination towards sustainability – the conceptual framework
  9 July 2021 | International Journal of Organizational Analysis, Vol. 31, No. 2
- Theoretical Framework of the Need Knowledge-Driven Organization
  20 July 2022
- Causal Analysis of Stakeholder Interdependencies in 10-K Reports
  1 January 2023 | SSRN Electronic Journal, Vol. 59
- Fifty Shades of Corporate Social Responsibility: A Conceptual Synthesis via a Decision Frame Lens
  14 September 2022 | Sustainability, Vol. 14, No. 18
- The Impact of COVID-19 Pandemic on Corporate Social Responsibility and Job Embeddedness in China
  15 April 2022 | Frontiers in Psychology, Vol. 13
- Introduction to the Point‐Counterpoint: The Corporate Objective as a Contingency
  29 May 2021 | Journal of Management Studies, Vol. 59, No. 2
- The Corporate Objective Revisited: The Shareholder Perspective
  23 July 2021 | Journal of Management Studies, Vol. 59, No. 2
- The Endurance of Shareholder Value Maximization as the Preferred Corporate Objective
  23 July 2021 | Journal of Management Studies, Vol. 59, No. 2
- Integrated Reporting
  17 June 2021
- Corporate governance: A review of the fundamental practices worldwide
  6 January 2022 | Corporate Law and Governance Review, Vol. 3, No. 2
- Focusing on internal stakeholders to enable the implementation of organizational change towards corporate entrepreneurship: A case study from France
  Journal of Business Research, Vol. 119
- Serving differently: CEO regulatory focus and firm stakeholder strategy
  9 February 2020 | Strategic Management Journal, Vol. 41, No. 7
- Social value creation by multinational enterprises
  3 October 2019 | critical perspectives on international business, Vol. 16, No. 1
- Integrated Reporting
  9 July 2020
- Stakeholders and Performance Management Systems of Small and Medium-Sized Outpatient Clinics
  31 December 2020 | Foundations of Management, Vol. 12, No. 1
- Quantitative impacts of mandatory integrated reporting
  Journal of Financial Reporting and Accounting, Vol. 17, No. 4
- A measure of total firm performance: new insights for the corporate objective
  31 July 2018 | Annals of Operations Research, Vol. 281, No. 1-2
- Board characteristics, ownership concentration and firms’ performance
  South Asian Journal of Business Studies, Vol. 8, No. 2
- Reviewing the Stakeholder Value Creation Literature: Towards a Sustainability Approach
  15 January 2019
- Anmerkungen zur nachhaltigen Erstellung und Nutzung von Absatzobjekten aus Sicht der Leistungstheorie
  6 September 2019
- People and Profits: The Impact of Corporate Objectives on Employees’ Need Satisfaction at Work
  9 March 2017 | Journal of Business Ethics, Vol. 154, No. 1
- Do Investors See Value in Ethically Sound CEO Apologies? Investigating Stock Market Reaction to CEO Apologies
  24 August 2016 | Journal of Business Ethics, Vol. 152, No. 2
- Alternative Objective Functions for Firms
  1 September 2017 | Organization & Environment, Vol. 31, No. 3
- Strategic Philanthropy: Literature Review
  Acta Oeconomica Pragensia, Vol. 26, No. 3
- Current Trends within Social and Environmental Accounting Research: A Literature Review
  4 August 2018 | Accounting Perspectives, Vol. 17, No. 2
- Achieving Social and Economic Equality by Unifying Business and Ethics: Adam Smith as the Cause of and Cure for the Separation Thesis
  29 November 2017 | Journal of Management Studies, Vol. 55, No. 3
- Adaptive Behaviour Paradigms
  27 August 2017
- Corporate purpose in a small post-transitional economy: the case of Slovenia
  8 May 2017 | Economic Research-Ekonomska Istraživanja, Vol. 30, No. 1
- Integrity: the virtue of compromise
  29 November 2016 | Palgrave Communications, Vol. 2, No. 1
- Społeczna odpowiedzialność biznesu – sprzeczności, nadużycie etyczne, znaczenie idei
  27 October 2016 | Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie, No. 4(952)
- Bibliography
  17 September 2016
- Explaining Suicide in Organizations: Durkheim Revisited
  8 September 2016 | Business and Society Review, Vol. 121, No. 3
- Applying Metaethical and Normative Claims of Moral Relativism to (Shareholder and Stakeholder) Models of Corporate Governance
  26 November 2014 | Journal of Business Ethics, Vol. 135, No. 2
- Stakeholder management: a case of its related capability and performance
  Management Decision, Vol. 54, No. 1
- Shareholder Primacy as an Impediment to Corporate Social Responsibility
- A Measure of Total Firm Performance: New Insights for Shareholder Utility
  SSRN Electronic Journal, Vol. 40
- Index of the Company's Stakeholders Welfare
  Procedia - Social and Behavioral Sciences, Vol. 211
- An application of stakeholder theory to advance community participation in tourism planning: the case for engaging immigrants as fringe stakeholders
  5 August 2015 | Journal of Sustainable Tourism, Vol. 23, No. 7
- The Role of the Corporation in Society: The Prescriptive View
- Was the Crisis Due to a Shift from Stakeholder to Shareholder Finance? Surveying the Debate
  SSRN Electronic Journal, Vol. 8
- The Duty to Act in the Interests of the Company: Simply a Duty to Increase Shareholder Wealth?
  SSRN Electronic Journal, Vol. 11
- Shareholder Activism
  17 December 2013 | Journal of Management, Vol. 40, No. 5
- Do public relations professionals understand corporate governance issues well enough to advise companies on stakeholder relationship management?
  Public Relations Review, Vol. 40, No. 2
- Ubuntu and Business Ethics: Problems, Perspectives and Prospects
  26 March 2013 | Journal of Business Ethics, Vol. 121, No. 1
- Shareholder Primacy, Corporate Social Responsibility, and the Role of Business Schools
  SSRN Electronic Journal, Vol. 18
- A Critical Analysis of the UK Company Law Corporate Objective: Purposive, Practical and Possible: Longitudinal Corporate Objective to Remedy the Enlightened Shareholder Value Approach of the Companies Act 2006
  SSRN Electronic Journal, Vol. 836
- Réponse à « Autorité de gestion et avaries communes : une note de lecture » pour une modélisation de la gouvernance en sciences de gestion
  Finance Contrôle Stratégie, Vol. 15-1/2
- Stakeholder Salience Revisited: Refining, Redefining, and Refueling an Underdeveloped Conceptual Tool
  26 February 2011 | Journal of Business Ethics, Vol. 102, No. 3
- Behavioral Economics, Federalism, and the Triumph of Stakeholder Theory
  25 February 2011 | Journal of Business Ethics, Vol. 102, No. 3
- Beyond Agency Theory, a Post‐crisis View of Corporate Law
  19 August 2011 | British Journal of Management, Vol. 22, No. 3
- Stakeholder Orientation and Organisational Performance in an Emerging Market
  1 March 2011 | Journal of General Management, Vol. 36, No. 3
- Small-Business Owner-Managers’ Perceptions of Business Ethics and CSR-Related Concepts
  30 October 2010 | Journal of Business Ethics, Vol. 98, No. 3
- Behavioral Economics, Federalism and the Triumph of Stakeholder Theory
- Towards a stakeholder society: Stakeholder theory vs theory of civil society
  2 March 2011 | European Management Review, Vol. 7, No. 4
- Strategisches gesellschaftliches Engagement und gute Corporate Governance
- Corporate Governance in the Context of Crises: Towards a Stakeholder Theory of Crisis Management
  18 February 2009 | Journal of Contingencies and Crisis Management, Vol. 17, No. 1
- Implementing stakeholder management: a case study at a micro‐enterprise
  Measuring Business Excellence, Vol. 12, No. 3
- Strategisches gesellschaftliches Engagement und gute Corporate Governance
- Sustainable Finance and the Stakeholder Equity Model
- Shareholder Theory - How Opponents and Proponents Both Get it Wrong
  SSRN Electronic Journal, Vol. 85
- 1 The Fundamental Agency Problem and Its Mitigation
  Academy of Management Annals, Vol. 1, No. 1
- Introducing Integrity to Corporate Governance Research
  SSRN Electronic Journal, Vol. 62
- Using Stakeholder Value Analysis to Build Exploration Sustainability
  21 December 2005

Volume 15, Issue 3

May-June 2004

Pages 259-374

Article Information

Metrics

Information

Published Online:June 01, 2004

Cite as

Anant K. Sundaram, Andrew C. Inkpen, (2004) Stakeholder Theory and “The Corporate Objective Revisited”: A Reply. Organization Science 15(3):370-371.

https://doi.org/10.1287/orsc.1040.0067

Keywords

PDF download

Available Issues

Available Issues

Available Issues

Available Issues

Available Issues

Stakeholder Theory and “The Corporate Objective Revisited”: A Reply

References

Volume 15, Issue 3

Article Information

Metrics

Information

Cite as

Keywords

Sign Up for INFORMS Publications Updates and News