1. Huazhong University of Science and Technology, Wuhan, China; 2. Hunan Normal University, Changsha, China; 3. Wuhan University of Technology, Wuhan, China
Abstract： Based on the existing stakeholder theory and the rich discourse resources of “profit and righteousness” in the Chinese business context, a “Profit-Righteousness Stakeholder Theory” has been constructed for the Chinese context, aiming to advance the development of stakeholder theory and enhance its relevance in guiding corporate management practices in China. The fundamental perspectives of the Profit-Righteousness Stakeholder Theory in the Chinese context include: stakeholders not only have interest demands on enterprises but also moral demands; based on the two dimensions of “profit” and “righteousness,” stakeholders can be categorized into four types: profit-centered, righteousness-centered, profit-righteousness mixed, and other potential types; the purpose of enterprises responding to stakeholders’ “profit” demands is to obtain the support of economic resource elements needed for their business activities; the purpose of responding to stakeholders’ “righteousness” demands is to gain business legitimacy; enterprises respond to stakeholders’ demands through profit-righteousness stakeholder management to gain the support of profit-righteousness stakeholders.
田志龙，何金花，陈丽玲，李连翔. 中国情境下的 “利义相关者理论”[J]. 管理学报, 2025, 22(3): 397-.
TIAN Zhilong，HE Jinhua，CHEN Liling，LI Lianxiang. Stakeholder Theory in Chinese Context . Chinese Journal of Management, 2025, 22(3): 397-.
