Redefining the Corporation

Redefining the Corporation

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This book shows how the modern corporation must meet the expectations of diverse constiutents who contribute to its existence and success, the stakeholders: resource providers, customers, suppliers, alliance partners, and social and political actors. It argues that the corporation must be seen as an institution engaged in mobilizing resources to create wealth and benefits for all its stakeholders.As larger shareholders, Ford and Tenneco demanded and were given seats on the Cummins board, whereas Kubota ... and Tenneco understandaquot; the importance of Cumminsa#39; ability to function as aquot;an independent engine supplier that does notanbsp;...

Title:Redefining the Corporation
Author: James E. Post, Lee E. Preston, Sybille Sachs
Publisher:Stanford University Press - 2002

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