Stakeholder Resources and Stakeholder Interests

Josef Wieland ()
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Josef Wieland: Zeppelin University

Chapter Chapter 6 in Relational Economics, 2020, pp 69-83 from Springer

Abstract: Abstract Building on the previous rather theoretical-categorical discussion, the next three chapters will cover the resulting consequences for the management of companies and organisations in general. Understanding the nature of the firm as a relation of stakeholder resources and interests is a consistent expression of a relational understanding of economic processes. All stakeholders of a company invest resources in these organisations and naturally expect a return on their investment. A distinction is made between factor income and cooperation rents, a distinction that is essential for understanding network economies.

Keywords: Theory of the firm; Stakeholder resources; Stakeholder management; Rent from cooperation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:recchp:978-3-030-45112-7_6

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DOI: 10.1007/978-3-030-45112-7_6

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