Porter, M.E. (2008) The Five Competitive Forces that Shape ...

Porter, M.E. (2008) The Five Competitive Forces that Shape Strategy. Harvard Business Review, 86, 79-93. Login 切换导航 Home Articles Journals Books News About Submit   Home References Articlecitations JournalsA-Z JournalsbySubject Biomedical&LifeSci. Business&Economics Chemistry&MaterialsSci. ComputerSci.&Commun. Earth&EnvironmentalSci. Engineering Medicine&Healthcare Physics&Mathematics SocialSci.&Humanities JournalsbySubject   Biomedical&LifeSciences Business&Economics Chemistry&MaterialsScience ComputerScience&Communications Earth&EnvironmentalSciences Engineering Medicine&Healthcare Physics&Mathematics SocialSciences&Humanities Publishwithus PaperSubmission InformationforAuthors Peer-ReviewResources OpenSpecialIssues OpenAccessStatement FrequentlyAskedQuestions Publishwithus   PaperSubmission InformationforAuthors Peer-ReviewResources OpenSpecialIssues OpenAccessStatement FrequentlyAskedQuestions FollowSCIRP Contactus [email protected] +8618163351462(WhatsApp) 1655362766 PaperPublishingWeChat ArticlecitationsMore>> Porter,M.E.(2008)TheFiveCompetitiveForcesthatShapeStrategy.HarvardBusinessReview,86,79-93. hasbeencitedbythefollowingarticle: TITLE: ShouldtheEvolutionofStakeholderTheoryBeDiscontinuedGivenItsLimitations? AUTHORS: FredericNarbel,KatrinMuff KEYWORDS: CorporateSocialResponsibility,CreatingSharedValue,CorporateFinance,StakeholderTheory,Short-Termism JOURNALNAME: TheoreticalEconomicsLetters, Vol.7No.5, August 7, 2017 ABSTRACT:Evolvingviewsofstakeholdertheoryproposewaysto transformsocietalproblemsintowin-winsolutionsforthefirmandsociety alike.Yet,anddespiteitssuccessinexpandingtheunderstandingoftherole ofthefirminsociety,stakeholdertheoryhastwomainlimitations.First,it isanchoredinthetraditionalviewofthefirmdefiningitasanentitywhose legitimatepurposeisthegenerationofeconomicvalueforitselfandits owners.Second,itreliesonregulationasacompensatorymechanismforthe externalitiesitgenerates.Itisthereforefairtoarguethatatitscurrent stageofdevelopment,stakeholdertheoryneverleavestheconfinesofeconomic valuemaximization.Asaresult,stakeholdertheorygeneratesdiscussiononhow tomakeitsdifferentinterpretationscomplywithandservetheeconomic purposeinsteadofproposingasolutioncreatingsocietalvalue.Wetherefore proposetointerrupttheevolutionofstakeholdertheoryandsuggesta conceptualmodelderivedfromthestudyofbestpracticesofsuccessfulfirms usinganoutside-inapproachtogovernanceasanalternative.Theintentisto redefinethepurposeofthefirmasoneguidedbysocietalgoalsinsteadofone drivenbythepursuitofprofitmaximization. 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