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Essay text:
Tbe results provide
support for a strategic stakebolder management model hut no support for an intrinsic
stakeholder commitment model. Implications of these findings for management practice
and future research are discussed.
Freeman (1984) made a persuasive case that systematic
managerial attention to stakeholder interests
is critical to firm success, a claim not yet tested
in the literature. Although Freeman's early work
introduced many of the central themes of stakeholder-
related research, the conceptual contribution
of Donaldson and Preston (1995) has framed
much of the recent dialogue and suggests why little
serious empirical work has been attempted...
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