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Interest in stakeholder approaches to strategic management is growing around the world but at the same time top management's concern with shareholder value has never been greater. Managers in all kinds of firms are faced with the dilemma of how to satisfy the competing claims of shareholders and the other stakeholders. The consequences are evident everywhere as shareholders grow rich and unemployment...
China is simultaneously growing and transforming from a command to a market system. The process of reform began earlier than in Eastern Europe, but the state owned enterprise sector remains an intractable problem. What has accounted for the remarkable rate of economic growth sustained over the last 20 years, are the spontaneous entrepreneurial efforts of the collectively owned Township and Village...
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