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Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts
Mitchell, R.K.; Agle, B.R.; Wood, D.J. (1997). Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts. Academy of Management Review 22(4): 853-886. https://dx.doi.org/10.5465/amr.1997.9711022105
In: Academy of Management Review: Briarcliff Manor. ISSN 0363-7425; e-ISSN 1930-3807, more
Peer reviewed article  

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  • Mitchell, R.K.
  • Agle, B.R.
  • Wood, D.J.

Abstract
    Stakeholder theory has been a popular heuristic for describing the management environment for years, but it has not attained full theoretical status. Our aim in this article is to contribute to a theory of stakeholder identification and salience based on stakeholders possessing one or more of three relationship attributes: power, legitimacy, and urgency. By combining these attributes, we generate a typology of stakeholders, propositions concerning their salience to managers of the firm, and research and management implications.

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