Partnership at corporate level: The meaning of the stakeholder model

Rienk Goodijk*

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review


Stakeholder management is increasingly a key factor for improving business performance. Management needs to build relationships with very different stakeholders (shareholders, employees, customers, society etc.), act more transparently, be accountable and provide opportunities for dialogue and involvement or participation. This paper describes how to mobilise the sense of responsibility of all the relevant stakeholders, create the best organisational context for involvement, organise and manage that involvement, consider all the stakeholder arguments and manage the constantly shifting balance between the interests of stakeholders. In particular, employees as stakeholders can play an active role. On the basis of some best practices in the Netherlands, the paper shows that within the concept of the stakeholder model, employees–under certain conditions–really can become partners in decision making at the corporate level. The stakeholder model assumes a partnership between management and stakeholders, a partnership seen as a real dynamic and changing process of dialogue.

Original languageEnglish
Pages (from-to)225-241
Number of pages17
JournalJournal of Change Management
Issue number3
Publication statusPublished - 2002

Bibliographical note

Publisher Copyright:
© 2002, Copyright Taylor & Francis Group, LLC.


  • corporate governance
  • decision making
  • employee participation
  • involvement
  • partnership
  • stakeholders


Dive into the research topics of 'Partnership at corporate level: The meaning of the stakeholder model'. Together they form a unique fingerprint.

Cite this