C onfucian Stakeholder Theory: An Exploration

Originated in the W est, stakeholder theory is normatively anchored in Western value systems. Differences in value orientations and ethical systems in this global age call for culturally pertinent stakeholder theory. In this article, we argue that C onfucianism forms an additional normative basis for stakeholder theory, appropriate for a C onfucian context. We demonstrate it through application of C onfucianism in major stakeholder relationships. The C onfucian stakeholder theory provides a meaningful addition to the corpus of stakeholder literature.