Stakeholder Considerations in Corporate Efforts of Business Sustainability: An Abstract

Zsolnai (2006) writes that the extended stakeholder view is based upon the premise that companies have a responsibility to contribute to societal well-being and to nurture the physical environment in which they operate. Boesso and Kumar (2009) comment that companies are increasing their reliance on their stakeholders, especially those that are external to the company. Companies have furthermore become adept in orchestrating relationships with stakeholders in society, markets and business networks, with the objective of generating customer value.