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Neglected stakeholder groups: conceptualising a dynamic model for neglected stakeholder analysis and engagement

journal contribution
posted on 2023-05-26, 07:51 authored by Hardy, A, Wickham, MD, Gretzel, U
Stakeholder analysis is well-established as a means by which policy makers and organisations gauge the interests of their salient stakeholders. This paper explores the application of stakeholder theory to 'neglected stakeholders' and explores the risks involved in assuming that disparate stakehlder groups lack power. This pa per uses two case studies of Recreational Vehicle users whose interests and power were underestimated during the strategy development process. The rapid responses and formation of power 0f this neglected group via social media highlights the changes in stakeholder interactions that have emerged with t he use of the Internet. They also demonstrate that managers and policy makers must now utilise iterative stakeholder analysis techniques that are reactive, and which respond to previously neglected stakeholder groups

History

Publication title

Corporate Ownership & Control

Volume

11

Article number

1

Number

1

Pagination

348-359

ISSN

1727-9232

Department/School

School of Government

Publisher

Virtus Interpress

Publication status

  • Published

Place of publication

Ukraine

Rights statement

ISSN 1727-9232

Repository Status

  • Restricted

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