Stakeholder theory by E. Freeman The stakeholder theory (stakeholder concept, stakeholder theory) is one of the theoretical directions in management which forms and explains a firm's development strategy from the point of view of the interests of so called stakeholders.

Stakeholder theory states that in achieving the goals of the organization's activities, it is necessary to take into account the various interests of different stakeholders, which will represent a type of informal coalition.

Now it will shrink even faster....