Its central proposition is that organizational wealth is created or destroyed through a corporations interactions with its stakeholders effective stakeholder management develops and utilizes. Its central proposition is that organizational wealth is created or destroyed through a corporations interactions with its stakeholders effective stakeholder management develops and utilizes relationships between a corporation and its stakeholders for mutual benefit thereby accomplishing the fundamental purpose of wealth creation. Redefining the corporationis the most creative and pertinent application of stakeholder theory and practice to be published since freemans popularization of the concept in 1984 the book bridges theory and practice. Pthe modern corporation is an institution of enormous economic power and social impact corporations have grown in size and numbers all over the world because of their ability to mobilize productive resources and create new wealth the evolution of the corporation has given rise to new opportunities and challenges that require a redefinition of the corporation and its objectives p pthe . Organizational wealth stanford business books related files 90a40634c521191e617ba3c7 600407dc powered by tcpdf wwwtcpdforg 1 1 title redefining the corporation stakeholder management and organizational wealth stanford business books author mediactsnetorg sophia decker 2021 02 11 07 24 13 subject redefining the corporation stakeholder management and organizational wealth stanford