“We are in need of new concepts… which reorient our way of looking at the world to encompass present and future changes. I believe [in] the predominant framework for modern corporation… the corporation is viewed as a resource-conversion entity, taking raw material and converting tme into products, with dollars measuring the transaction. Returns are provided to owners in the form of dividends or capital appreciation in the marketplace.”

Source: Strategic Management: A Stakeholder Approach, 2007, p. 7

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "We are in need of new concepts… which reorient our way of looking at the world to encompass present and future changes.…" by R. Edward Freeman?
R. Edward Freeman photo
R. Edward Freeman 9
American academic 1951

Related quotes

Adolf A. Berle photo
Joseph Nye photo

“Power conversion is the capacity to convert potential power, as measured by resources, to realized power, as measured by the changed behavior of others.”

Joseph Nye (1937) American political scientist

Source: Understanding International Conflicts: An Introduction to Theory and History (6th ed., 2006), Chapter 3, Balance of Power and World War I, p. 61.

Jay Gould photo
N. R. Narayana Murthy photo

“Perhaps the biggest problem before Indian Corporates is that of the concept of ‘corporate throne’. If the company is not doing well, the old guard must make way for new.”

N. R. Narayana Murthy (1946) Indian businessman

Source: Entrepreneur of the New Millenium: N.R. Narayana Murthy : Life & Times of N.R. Narayana Murthy, p. 29

Mark Manson photo

“The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.”

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter Six, Multinational Corporations, p. 260

C. Wright Mills photo
Robert Grosseteste photo

“The first corporeal form, which some call corporeity, I hold to be light.”

Robert Grosseteste (1175–1253) English bishop and philosopher

De Luce seu de Inchoatione Formarum (c. 1215-1220)
Context: The first corporeal form, which some call corporeity, I hold to be light. For light of its own nature diffuses itself in all directions, so that from a point of light a sphere of light of any size may be instantly generated, provided an opaque body does not get in the way. Corporeity is what necessarily follows the extension of matter in three dimensions, since each of these, that is corporeity and matter, is a substance simple in itself and lacking all dimensions. But simple form in itself and in dimension lacking matter and dimension, it was impossible for it to become extended in every direction except by multiplying itself and suddenly diffusing itself in every direction and in its diffusion extending matter; since it is not possible for form to do without matter because it is not separable, nor can matter itself be purged of form. And, in fact, it is light, I suggest, of which this operation is part of the nature, namely, to multiply itself and instantaneously diffuse itself in every direction. Therefore, whatever it is that produces this operation is either light itself or something that produces this operation in so far as it participates in light, which produces it by its own nature. Corporeity is therefore either this light, or is what produces the operation in question and produces dimensions in matter in so far as it participates in this light itself and acts by virtue of this same light. But for the first form to produce dimensions in matter by virtue of a subsequent form is impossible. Therefore light is not the form succeeding this corporeity, but is this corporeity itself.

Related topics