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    Balancing stakeholder interests: The constraining effects of resource divisibility and stakeholder saliency
    with F. C. Schultz and D. R. Hekman
    Journal of Business Ethics 64 (3): 285-301. 2006.
    Stakeholder theory is widely recognized as a management theory, yet very little research has considered its implications for individual managerial decision-making. In the two studies reported here, we used stakeholder theory to examine managerial decisions about balancing stakeholder interests. Results of Study 1 suggest that indivisible resources and unequal levels of stakeholder saliency constrain managers’ efforts to balance stakeholder interests. Resource divisibility also influenced whether…Read more