Concept information
Preferred term
stakeholder economy
Definition
- A stakeholder economy is a social system of production and exchange that is intended to protect the interests of all persons and organizations affected by the activities of buyers and sellers. A stakeholder economy is organized for the participation of stakeholders in its institutional mechanisms to allocate capital resources, to produce goods and services, and to distribute them in response to demand. [Source: Encyclopedia of Business Ethics and Society; Stakeholder Economy]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/stakeholder_economy
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