Stakeholder Theory and Managerial Decision （利益相关者理论和管理决策）.pdfVIP

Journal of Business Ethics (2006) 64: 285-301 © Springer 2006 DOI 10.1007/s10551-005-5493-2 Stakeholder Theory and Managerial Decision-Making: Constraints and Scott]. Reynolds Implications of Balancing Stakeholder Frank C. Schultz Interests David R. Hekman ABSTRACT. Stakeholder theory is widely recognized as argues that the organization has relationships with a management theory, yet very little research has con- many constituent groups and that it can engender sidered its implications for individual managerial decision- and maintain the support of these groups by con- making. In the two studies reported here, we used sidering and balancing their relevant interests stakeholder theory to examine managerial decisions about (Clarkson, 1998; Evan and Freeman, 1993; Free- balancing stakeholder interests. Results of Study 1suggest man, 1984; Jones and Wicks, 1999). As many have that indivisible resources and unequal levels of stakeholder noted, the theory fosters both instrumental predic- saliency constrain managers efforts to balance stakeholder interests. Resource divisibility also influenced whether tions and normative prescriptions (e.g., Hasnas, managers used a within-decision or an across-decision 1998; Kotter and Heskett, 1992), and has therefore approa