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Stakeholder Theory: The State of the Art (9780521137935): R. Edward Freeman, Jeffrey S. Harrison, Andrew C. Wicks, Bidhan L. Parmar, Simone de Colle: Books. The book is a great tool for those who want to have a deep understanding of different perspectives of stakeholder theory. It draws together research of over thirty years as it has been applied in a number of business contexts, in a way that allows readers to understand the evolution of theory, how it has been applied and what future avenues need exploration. Michael Jay Polonsky, Professor of Marketing, Deakin University, MelbourneEd Freeman and his colleagues have produced an erudite, subtle, vigorously argued account of stakeholder theory. Their provocative book will not be the last word on the subject, but it is the best contribution so far to an extraordinarily important conversation. Edwin Hartman, Peter and Charlotte Schoenfeld Faculty Fellow and Visiting Professor of Business Ethics, Leonard N. Stern School of Business, New York UniversityStakeholder Theory: The State of the Art is a magnificent book. It is global in scope, well documented, and coherently argued. It has much to offer all the various business disciplines. Most importantly it provides principles and guidelines for a more just and humane capitalism as well as a more successful capitalism of value creation. If followed, the separation thesis would be a thing of the past and business ethics would no longer be considered an oxymoron. A book that can hold out that hope deserves our attention. Norman E Bowie, University of Minnesota, Business Ethics Quarterly

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