The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.
Value creation through stakeholder synergy
Abstract
Our “stakeholder synergy” perspective identifies new value creation opportunities that are especially effective strategically because a single strategic action (1) increases different types of value for two or more essential stakeholder groups simultaneously, and (2) does not reduce the value already received by any other essential stakeholder group. This result is obtainable because multiple potential sources of value creation exist for each essential stakeholder group. Actions that meet these criteria increase the size of the value “pie” available for essential stakeholder groups, and thereby serve to attract exceptional stakeholders and obtain their increasing effort and commitment. The stakeholder synergy perspective extends stakeholder theory further into the strategy realm, and offers insights for realizing broader value creation that is more likely to produce sustainable competitive advantage . Copyright © 2014 John Wiley & Sons, Ltd.
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Cites
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Stakeholder Theory: The State of the Art
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Cited by
Stakeholder Theory and the Resource-Based View of the Firm
Freeman, R. E., Dmytriyev, S. D., & Phillips, R. A. (2021) · Journal of Management · doi:10.1177/0149206321993576 · Cited by 747
Strategic CSR: A Concept Building Meta‐Analysis
Vishwanathan, P., van Oosterhout, H. (. )., Heugens, P. P. M. A. R., Duran, P., & van Essen, M. (2020) · Journal of Management Studies · doi:10.1111/joms.12514 · Cited by 486
CEO Sociopolitical Activism: A Stakeholder Alignment Model
Hambrick, D. C., & Wowak, A. J. (2021) · Academy of Management Review · doi:10.5465/amr.2018.0084 · Cited by 322
Seeing the Forest and the Trees: How a Systems Perspective Informs Paradox Research
Schad, J., & Bansal, P. (2018) · Journal of Management Studies · doi:10.1111/joms.12398 · Cited by 266
Tapaninaho, R., & Heikkinen, A. (2022) · Business Strategy and the Environment · doi:10.1002/bse.3002 · Cited by 205
Metadata
- Authors
- Tantalo, C., & Priem, R. L.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2014-10-14
- Volume
- 37
- Issue
- 2
- Pages
- 314-329
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W1929260900
- Cited by
- 565
- References
- 9
- FWCI
- 53.59
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.