Who is the proponent of the Stakeholder Model?
Question
Who is the proponent of the Stakeholder Model?
Solution
The proponent of the Stakeholder Model is R. Edward Freeman. He introduced this model in his seminal book "Strategic Management: A Stakeholder Approach" in 1984. The Stakeholder Model suggests that managers should formulate and implement processes which satisfy not only the shareholders but also other stakeholders like employees, customers, suppliers, local communities, and the government.
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