From the author of the landmark 1984 title, Strategic Management: A Stakeholder Approach, comes a response to the resultant literature in the intervening years. Stakeholder Theory: The State of the Art examines this body of research and assesses its relevance for our understanding of modern business. Beginning with a discussion of the origins and development of stakeholder theory, it shows how this corpus of theory has influenced a variety of different fields, including strategic management, finance, accounting, management, marketing, law, health care, public policy, and environment. It also features in-depth discussions of two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility.