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October 1, 2002California Management Review997 citations

Managing the Extended Enterprise: The New Stakeholder View

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JPJames E. PostLPLee E. PrestonSSSybille Sachs

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Abstract

This article enlarges the extended enterprise metaphor from its origins in manufacturing-logistics management to embrace the full range of constituencies that are vital to the survival and success of the corporation. This article presents a new Stakeholder View of the firm which holds that stakeholder relationships are the ultimate sources of the firm's wealth-creating capacity. According to this view, long-term business success requires a firm to develop and integrate relationships with its multiple stakeholders within a comprehensive management strategy. In order to illustrate the validity of this approach, this article describes and analyzes the evolution and impact of comprehensive stakeholder management policies in three major firms.

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Post et al. (2002) studied this question.

synapsesocial.com/papers/69df13e658b92af24d7a0efahttps://doi.org/10.2307/41166151
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