Power stakeholder dalam Bisnis

Ali Hasan


The purpose of the literature review is to explain that stakeholder theories have the right role in the production of business and stakeholder values, the enhancement of stakeholder voices and the advocacy of stakeholders. The focus is on normative theory, the dimensions of stakeholder theory and business performance. Discussion of stakeholder theory is done descriptively in relation to power, legitimacy and their urgency related to stakeholder type in influencing company performance especially in maximizing value and financial performance of company. The stakeholder concept has gained legitimacy among academics in various fields. stakeholder theory will provide benefits in relationships if understanding and integration of stakeholder concepts in management perceptions that their existence has a positive power in build of corporate advantage.


Stakeholder power; Business and Management

Full Text:



Abell, P. 2009. A the for thes: Comparative Narratives in Sociological Expla- nation. Sociological Methods & Research, Vol 38 No 1, pp 38-70.

Ackermann, Fran and Eden, Colin. 2011.

Strategic Management of Stakehol- ders:Theory and Practice. Long Range Planning, 44, pp 179-196

Argandona A. 2011. Stakeholder Theory and

Value Creation. IESE Business

School.: Vol 92 No 2, pp 1-13

Berman, Shawn L; Wicks, Andrew C; Kotha, Suresh; and Jones, Thomas M. 1999. Does stakeholder orientation matter? The relationship between Stakeholder Management Models and corporate Financial Performace. Academy of Management Journal; Vol 42, No 5, pp 488 – 506.

Brand, R., & Gaffikin, F. 2007. Collaborative Planning in an Uncollaborative World. Planning Theory, Vol 6 No 3,


Diez, Jose, Luis, Godos. Gago, Roberto

Fernández and García, Laura, Cabeza.

Normative Stakeholder Mana- gement Orientation: Business Vs. Non-Business Students. Society and Economy. Vol 37 No 4, pp. 477–492.

Donaldson, Thomas and Lee E. Preston.

The Stakeholder Theory of the Corpo-ration: Concepts, Evidence, and Impli-cations. The Academy of

Management Review, Vol. 20, No. 1, pp. 65-91

Harrison, Jeffrey S. and Wicks, Andrew C. 2013. Stakeholder Theory, Value,and Firm Performance. Business Ethics Quarterly. Vol 23, No 1, pp. 97-124

Higgins, E. R. E. 2010. Corporations, Civil Society, and Stakeholders: Journal of Business Ethics, Vol 94 No 2, pp


Jensen. Michael C. 2002. Value Maximiza- tion, Stakeholder Theory, and the corporate Objective Function. Business Ethics Quarterly, Vol

,No 2, pp. 235-256

Jones, Thomas M., Will Felps and Gregory A. Bigley. 2007. Ethical Theory And Stakeholder Related Decisions: The Role of Stakeholder Culture. The Academy of Management Review. Vol. 32, No. 1, pp 137–155.

Klijn, E.-H., Steijn, B., & Edelenbos, J.

The Impact of Network Management on Outcomes in Governance Networks. Public Administration, Vol 88 No 4, pp


Laplume, A. O., Sonpar, K., & Litz, R. A.

Stakeholder Theory: Reviewing a Theory That Moves Us. Journal of Management, Vol 34 No 6, pp 1152-

Mitchell, Ronald K., Bradley R. Agle, Donna J. Wood. 1997. Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and what really counts. The Academy of Management Review, Vol. 22, No. 4, pp. 853-886

Parmar, Bidhan L., R. Edward Freeman.

Jeffrey S. Harrison, Andrew C. Wicks., Simone de Colle and Lauren Purnell. 2010. Stakeholder Theo

The State of The Art. The Academy of Management Annals. pp 1-61.

Reed, M. S., Graves, A., Dandy, N.,

Posthumus, H., Hubacek, K., Morris, J. 2009. Who's in and Why? A Typology of Stakeholder Analysis Methods for Natural Resource Management. Journal of Environmental Mana-gement, Vol

No 5, pp 1933-1949.

Takis K. and Yannis K. 2007. Strategic management, corporate responsibility and stakeholder management Integ- rating corporate responsibility prin- ciples and stakeholder strategy: a stakeholder-oriented and integrative strategic management framework. corporate Governance. Vol. 7 No. 4, pp. 355-369,

Torfing, J. 2005. Governance Network Theory: Towards a Second Generation. European Political Science. Vol 4 No 3, pp 305-315.

DOI: https://doi.org/10.36276/mws.v15i2.290


  • There are currently no refbacks.

Copyright (c) 2019 Ali Hasan

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.