This chapter highlights some of the tensions and most promising points of convergence between the strategic management and stakeholder theory literatures. We briefly examine the early development of both areas, identifying some of the background assumptions and choices that informed how the fields evolved, and how these factors led the two fields to engage in scholarly pursuits that seldom intersected for a period of years, followed by a renewal of interest among strategists in themes that are central to stakeholder theory. From this discussion, we develop a larger agenda with specific topics as examples of areas that offer promise for integrative research that can advance knowledge in both fields. Our vision of the future is one in which the larger aspirations of scholars in strategy and stakeholder theory are more fully realized with human purposes, broadly defined, as the focal point.
The authors would like to acknowledge the generous and very useful feedback we received from the editors of this volume and J.W. Stoelhorst. The chapter is much closer to what we aspired to create because of their critical observations and insightful suggestions for enhancing what we wrote. We are most grateful for this feedback and the spirit in which it was given.
Wicks, A.C. and Harrison, J.S. (2017), "Toward a More Productive Dialogue between Stakeholder Theory and Strategic Management", Stakeholder Management (Business and Society 360, Vol. 1), Emerald Publishing Limited, Bingley, pp. 249-273. https://doi.org/10.1108/S2514-175920170000012
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