1. Stakeholder Theory A very brief overview Dr. Randy Richards, Ph.D. St. Ambrose University
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Editor's Notes
The stakeholders in a firm are individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities and who are therefore its potential beneficiaries and risk takers. ( Managing the Extended Enterprise: The New Stakeholder View by Post, Preston and Sachs, p. 8)