Talk:Stakeholder theory

message: What is the relationship between stakeholder capitalism and stakeholder theory?
Robert McClenon (talk) 04:34, 15 September 2021 (UTC)
replies: text: Yes I agree, the article should discuss both in separate sections--Twozerooz (talk) 16:10, 20 September 2021 (UTC)
replies: text: Giving my support as well to this motion. A. C. Santacruz  ⁂  Talk 10:41, 29 September 2021 (UTC)

text: Intuitively, I would think s. Capitalism is a macroeconomic approach while s. Theory is a business approach, and so significantly different. A. C. Santacruz  ⁂  Talk 12:19, 30 September 2021 (UTC)

text: Stakeholder Management is the practice of managing and communicating with the stakeholders of a given project. Basically, it's Project Management speak for PR. It has nothing to do with Stakeholder Theory or Stakeholder Capitalism.  Niftysquirrel (talk) 18:00, 12 October 2021 (UTC)
thread_title: RFC: Stakeholder Theory and Stakeholder Capitalism

message: ====Explanation of Subset-Superset Relationship====
I would like to clarify that Stakeholder Capitalism is in fact an economic reform movement to enhance the effectiveness of Capitalism by addressing the needs of all stakeholders and the environment.
Stakeholder Theory, as the Wikipedia article clearly states, is simply one of many theories for organizational management. 
While the term "stakeholder" is used in both instances, the two topics are actually quite different, as Stakeholder Capitalism is focused on a reform of the entire system of capitalism while the other is a theory for how to manage people more effectively in an organization. 
Bolgerb1953 (talk) 13:19, 13 September 2021 (UTC)
thread_title: Brief Explanatory Statements

message: I would like to clarify that Stakeholder Capitalism is in fact an economic reform movement to enhance the effectiveness of Capitalism by addressing the needs of all stakeholders and the environment.
Stakeholder Theory, as the Wikipedia article clearly states, is simply one of many theories for organizational management. 
While the term "stakeholder" is used in both instances, the two topics are actually quite different, as Stakeholder Capitalism is focused on a reform of the entire system of capitalism while the other is a theory for how to manage people more effectively in an organization. 
Bolgerb1953 (talk) 13:19, 13 September 2021 (UTC)
thread_title: Explanation of Subset-Superset Relationship

message: These are two names for the same concept. The only sourced definition we have is from Investopedia, which defines Stakeholder capitalism as "a system in which corporations are oriented to serve the interests of all their stakeholders. Among the key stakeholders are customers, suppliers, employees, shareholders and local communities." Stakeholder theory is defined by our article as "a theory of organizational management and business ethics that accounts for multiple constituencies impacted by business entities like employees, suppliers, local communities, creditors, and others." - the same thing. So, which name to use? Per this ngram link from google books, 'Stakeholder theory' is the common name. MrOllie (talk) 19:53, 14 September 2021 (UTC)
thread_title: These are terms that are used synonymously

message: * Option A. This RFC has largely come about because Bolgerb1953 would like to retain an article he created, which I have redirected to this article. Here's a historical version of his article. Note that it is largely based on a definition proposed in a recent forbes contributor article (so, essentially self published) which was coauthored by Bolberb1953. The 'differences' between Stakeholder capitalism and Stakeholder theory are WP:OR. I'll also quote an edit made by Bolgerb1953 before he became aware that Wikipedia will not host two articles on the same concept: 'commonly used term today for the same concept.' 'Starting in about 2019, the term Stakeholder Capitalism began to describe the same fundamental approach to business.'  - MrOllie (talk) 11:22, 15 September 2021 (UTC)
thread_title: Survey

message: * So you're basically proposing the reverse of Option C: That Stakeholder Capitalism is a subset of Stakeholder Theory, and the article should discuss both in separate sections? If so, that's what I'm thinking as well. I disagree with Bolberb1953's assertion that "Stakeholder Theory is simply one of many theories for organizational management," as a brief dive into R.E. Freeman's body of work shows that it's a far broader concept with a wide variety of applications. I think the problem here is, as you said, is that "Stakeholder Capitalism" a relatively new term and academics, economists, and business writers haven't quite reached a consensus: some use the term as a synonym for Stakeholder Theory, some use it to mean "the practical business application of Stakeholder Theory," others use it as "a new economic concept based on the principles of Stakeholder Theory." I think it will take time before a distinction (if any) develops. Niftysquirrel (talk) 15:53, 20 September 2021 (UTC)
replies: text: Yes I agree, the article should discuss both in separate sections--Twozerooz (talk) 16:10, 20 September 2021 (UTC)
replies: text: Giving my support as well to this motion. A. C. Santacruz  ⁂  Talk 10:41, 29 September 2021 (UTC)

text: Intuitively, I would think s. Capitalism is a macroeconomic approach while s. Theory is a business approach, and so significantly different. A. C. Santacruz  ⁂  Talk 12:19, 30 September 2021 (UTC)

text: Stakeholder Management is the practice of managing and communicating with the stakeholders of a given project. Basically, it's Project Management speak for PR. It has nothing to do with Stakeholder Theory or Stakeholder Capitalism.  Niftysquirrel (talk) 18:00, 12 October 2021 (UTC)
thread_title: Threaded Discussion