"Over the last years a narrow shareholder value model endangered not only firms but whole industries and in the end the global economy" (Berrone 2008).
A more comprehensive perspective in management is needed, which also takes other stakeholders into considerations apart from shareholders.
The Stakeholder View can have a moderating effect on the behaviour and incentive structures of managers.
In our former and current research projects supported by diverse organizations we developed the comprehensive and responsible strategic management approach "Stakeholder View" (SHV) that contributes to the perspective stated above.
