Appraisal of the Stakeholder Management Model in the Insurance Industry

Abstract

The paper considers the various contexts and approaches in the literature to the stakeholder theory of management. It starts by attempting to situate stakeholder theory as one of a number of competing theories of management and governance and then discusses specific attributes of stakeholder theory and the implications for the management and governance in different organizational contexts. The clear acknowledgement of stakeholder interest by organization will lead to real operational level advantages for Insurance organization

Keywords Management, Governance, Stakeholder Comparative Organizational Contexts.