Stakeholder politics: social capital, sustainable development, and the corporation
Corporations are now publicly committed to sustainability. But, beneath the public relations happy face, executives and managers are perplexed. The majority of them have a genuine desire to work in an ethical and sustainable manner, yet, when they engage with their stakeholders for that purpose, they often encounter a world of hardball politics, full of hostile activists, self-interested elites, and unpredictable attacks.
Stakeholder Politics: Social Capital, Sustainable Development and The Corporation gives companies a "how to" guide for addressing the twin problems of maintaining political legitimacy, and promoting sustainable development. The text presents a typology of stakeholder networks that helps managers and community leaders identify and improve the social capital patterns in their own networks. Once they know these patterns, they can move their networks towards those that foster sustainable community development. The book describes vivid cases in which managers and community stakeholders have used the authors' approach successfully, and in addition provides managers with handy tools for predicting and avoiding community-level socio-political risk around stakeholder issues. With its proven and practical approach, Stakeholder Politics promises to be a valuable guide for managers and academics who are invested in sustainable development worldwide and stakeholder issues alike.
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List of figures and tables
Why should corporations care about sustainable development?
1 The three relationships used by the Brundtland
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accessed October 31,2008 activists actors analysis Antamina approach assessment benefits bilateral capital in stakeholder Chapter civil sectors closure clusters cognitive collaboration company's concept core core-periphery corporate sustainability create ecological footprint economic eigenvector centrality environmental example Figure firm-stakeholder relationships global governance global level goals holders Huarmey institutionalized inter-sectoral interview involved issues labeled leaders level of social linking social capital list of stakeholders MacMillan Bloedel MakePovertyHistory measures Misima Misima Island multilateral section Nahapiet network graphs NGOs outcomes Papua New Guinea periphery post-materialism post-materialist poverty reduction priorities problems questionnaire questions regimes rela relations represent responsibilities San Marcos shared shows social network socio-political source social capital stage stake Stakeholder 360 stakeholder groups stakeholder network stakeholder politics stakeholder theory strategy structural dimension structural holes sustainability performance sustainable development tainability tion trust unitary values WCED World Values Survey