Stakeholder Management, Cooperatives, and Selfish-Individualism

Giovanni Ferri, Angelo Leogrande
2021 Journal for Markets and Ethics  
We analyze stakeholder management (STM) relative to cooperation and individualism within the fourth industrial revolution (FIR). STM is a recent corporate governance tool boosting cooperation and allowing representativeness of individualistic behaviors even in dialectical environments. Though forerunning it, cooperatives massively use STM now, while the FIR demands cooperation also at non-cooperative enterprises. We reach two main conclusions. Deeper orientation towards STM helps solve the
more » ... holder management (SHM) crisis. Moreover, exemplifying the benefits of STM towards social and environmental goals, cooperatives can inspire also other companies aiming to reduce the negative externalities of SHM and profit from cooperation within the FIR.
doi:10.2478/jome-2021-0005 fatcat:p7siswe2ebcj5nrs544jsplxsq