Stakeholder Theory
Stakeholder Theory Stakeholder Theory, broadly speaking, describes an interrelationship among the various actors involved in a given scenario/project/organisation (Freeman, 1984). Taking this interrelationship one step further leads towards relational stakeholder theories, such as the Stakeholder Value Creation (SVC) model (Kujala, et al., 2016). This model views stakeholders as interdependent, with a focus on value-creating relationships, …