Construct · 1 fields · 1 citations

enlightened value maximization: a standalone construct

One name. One construct. A landmark on the map.

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enlightened valuemaximization1 CONSTRUCTEnlightened valueJENSEN · STAKEHOLDER THEORY

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Stakeholder theory

the position that firms should pursue long-run total firm value as a single objective while attending to stakeholders as means to it.

In stakeholder theory, enlightened value maximization refers to the position that firms should pursue long-run total firm value as a single objective while attending to stakeholders as means to it. This meaning comes from Jensen (2002) in Business Ethics Quarterly.[1]

Unit
Recovery means
Measured by

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Nearby constructs

stakeholder theory3 names · 5 citationsjangle · one idea, three thesesbusiness1 fields · 1 citationsanchor · a standalone constructobjective2 fields · 5 citationsjingle · one word, two constructs

References

  1. Jensen, M. C. (2002). Value Maximization, Stakeholder Theory, and the Corporate Objective Function. Business Ethics Quarterly, 12(2), 235-256. https://doi.org/10.2307/3857812

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