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Stakeholder Theory: The State of the Art Stakeholder Theory: The State of the Art by R. Edward Freeman
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“Economics may not fundamentally be about value creation in real business. At its best it may be an idealized and abstract view of markets built around the goals of prediction, not around the way that actual business works. It is clearly useful for many purposes, but perhaps not for solving the problems of understanding business in the twenty-first century.”
Freeman et al, Stakeholder Theory: The State of the Art