A Political Economy Approach to Stakeholder Theory: Understanding the Ethics of Microfinance in Emerging Economies

2013 ◽  
Author(s):  
Tricia D. Olsen
2016 ◽  
Vol 27 (1) ◽  
pp. 71-98 ◽  
Author(s):  
Tricia D. Olsen

ABSTRACT:How does the state influence stakeholder legitimacy? And how does this process affect an industry’s ethical challenges? Stakeholder theory adopts a forward-looking perspective and seeks to understand how managers can address stakeholders’ claims to improve the firm’s ability to create value. Yet, existing work does not adequately address the role of the state in defining the stakeholder universe nor the implications this may have for subsequent ethical challenges managers face. This article develops a political stakeholder theory (political ST) by weaving together the political economy, stakeholder theory, and legitimacy literatures. Political ST shows how state policies influence stakeholder legitimacy and, in turn, affect an industry’s ethical challenges. This article integrates the concept of agonism to address the perennial tension between markets and states and its implications for firms and their managers. Political ST is then applied to the case of microfinance, followed by a discussion of the contributions of this approach.


2020 ◽  
Author(s):  
Falih Suaedi ◽  
Muhmmad Saud

This article explores in what ways political economy as an analytical framework for developmental studies has contributed to scholarships on Indonesian’s contemporary discourse of development. In doing so, it reviews important scholarly works on Indonesian political and economic development since the 1980s. The argument is that given sharp critiques directed at its conceptual and empirical utility for understanding changes taking place in modern Indonesian polity and society, the political economy approach continues to be a significant tool of research specifically in broader context of comparative politics applied to Indonesia and other countries in Southeast Asia. The focus of this exploration, however, has shifted from the formation of Indonesian bourgeoisie to the reconstitution of bourgeois oligarchy consisting of the alliance between the politico-bureaucratic elite and business families. With this in mind, the parallel relationship of capitalist establishment and the development of the state power in Indonesia is explainable.<br>


2018 ◽  
Vol 29 (5) ◽  
pp. 758-773 ◽  
Author(s):  
Cheryl Pritlove ◽  
Parissa Safai ◽  
Jan E. Angus ◽  
Pat Armstrong ◽  
Jennifer M. Jones ◽  
...  

Within mainstream cancer literature, policy documents, and clinical practice, “work” is typically characterized as being synonymous with paid employment, and the problem of work is situated within the “return to work” discourse. The work that patients perform in managing their health, care, and everyday life at times of illness, however, is largely overlooked and unsupported. Drawing on feminist political economy theory, we report on a qualitative study of 12 women living with cancer. Major findings show that the work of patienthood cut across multiple fields of practice and included both paid and unpaid labor. The most prevalent types of work included illness work, body work, identity work, everyday work, paid employment and/or the work of maintaining income, and coordination work. The findings of this study disrupt popular conceptualizations of work and illuminate the nuanced and often invisible work that cancer patients may encounter, and the health consequences and inequities therein.


2021 ◽  
pp. 99-117
Author(s):  
Lalitagauri Kulkarni ◽  
Vasant Chintaman Joshi

Sign in / Sign up

Export Citation Format

Share Document