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Stakeholder Economy : Exploring its Evolution & Imperatives

A Paradigm Shift in Business Dynamics

The emergence of the stakeholder economy responds to limitations in the traditional shareholder-centric model. This shift acknowledges diverse interests, urging a holistic business view that considers stakeholders' needs for sustainable value creation and long-term resilience.

 

The research article explores the evolution, imperatives, strategies, and implications of this shift towards a more comprehensive & inclusive approach. The paper further explores strategies to create value for different stakeholders and scrutinizes successful stakeholder engagement models and future directions.

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