1996
DOI: 10.1177/000765039603500204 View full text |Buy / Rent full text
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Abstract: Principles and processes of stakeholder management are still conceptually at an embryonic stage. This article analyzes several principles and processes important to understanding strategic management and business ethics. Using an inductive approach with empirical data from a Norwegian insurance company, the article contributes to a description of manipulation and power dimensions of stakeholder management. The capacity of the management of large companies to circumvent control and thus accountability is illust… Show more

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“…Following upon the analysis of power and trust relationships, the analysis can be extended to the more managerial aspects of political behavior. This includes how the symbolic, rather than substantive, aspects of stakeholder behavior and expectations may be managed to benefit the interests of the dominant coalition of actors (Huse and Eide, 1996).…”
Section: Objective Settingmentioning
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“…Following upon the analysis of power and trust relationships, the analysis can be extended to the more managerial aspects of political behavior. This includes how the symbolic, rather than substantive, aspects of stakeholder behavior and expectations may be managed to benefit the interests of the dominant coalition of actors (Huse and Eide, 1996).…”
Section: Objective Settingmentioning
“…The theory describing the relationship between companies and stakeholder influence was introduced several decades ago (see, for example, Millstein and Katsh, 1981;Freeman, 1984), and has since been applied in a number of sector studies in the primary, secondary and tertiary sectors (see, for example, Frost, 1995;Fineman and Clarke, 1996;Huse and Eide, 1996).…”
Section: A Proposed Stakeholder Analytical Frameworkmentioning
“…ver the last few decades, there has been an increasing focus on stakeholder management in relation to business activities (see, for example, Freeman, 1984;Frost, 1995;Huse and Eide, 1996). Recently, this focus has been further extended to also include the company's environmental activities (see, for example, Roome, 1994;Fineman and Clarke, 1996;Grafé-Buckens and Hinton, 1998).…”
mentioning
“…The risk that both parties will be adversely affected if one or other reneges on the relationship is a sufficient condition to ensure that the relationship works. Trust-based interdependent relationships, underpinned by mutual risk and reciprocal confidence that neither will walk away, are promoted as an alternative to relationships monitored and policed by social controls (Huse and Eide 1996).…”
Section: Trust In Organisational/stakeholder Relationshipsmentioning
“…These definitions underpinning the accountability framework are rooted in economic agency theory which asserts that agents are prey to opportunism if they remain unchecked by regulation or other social controls imposed by society (Hill 1990, Hosmer 1995, Huse and Eide 1996. Opportunism is defined as``selfinterest seeking with guile'' (Williamson 1975, Williamson 1985.…”
Section: Introductionmentioning