“…It concentrates on internal and external relationships of corporations and has been applied enthusiastically in organizational literature (Donaldson and Preston, 1995;Hill and Jones, 1992;Jones, 1995;Rowley, 1997). It permeates diverse fields such as strategy (Clarkson, 1995;Freeman, 1984;Mitchell et al, 1997), ethics (Carroll, 1989;Goodpaster, 1991;Orts and Strudler, 2002), economics (Barton et al, 1989;Cornell and Shapiro, 1987;Freeman and Evan, 1990), sociology (Moss Kanter and Brinkerhoff, 1981;Useem, 1990), legal studies (Boatright, 1996;Stein, 2001), and political theory (Gilpin, 1996;Julius, 1997;McMahon, 1995;Young, 1991). Scholars have incorporated elements of power, justice, solidarity, legitimacy, urgency and trust into the stakeholder view of the firm, trying to redefine the view of the corporation inter-subjectively as a ''system of stakeholder groups, a complex set of relationships between and among interest groups 637 Liberal Thought in Reasoning on CSR with different rights, objectives, expectations, and responsibilities'' (Clarkson, 1995).…”