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Quote by R. Edward Freeman

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Managing for Stakeholders: Survival, Reputation, and Success

This book explores the principles and practices of managing stakeholders effectively to ensure the survival, reputation, and success of an organization. It delves into the complexities of stakeholder relationships and offers practical advice for maintaining positive interactions with various groups, including employees, customers, suppliers, and the community. more

Author

R. Edward Freeman
R. Edward Freeman

R. Edward Freeman is a renowned philosopher known for his contributions to business ethics, strategic management, and organizational theory. His research emphasizes the importance of corporate social responsibility and ethical decision-making in modern business management, having a profound impact on the field of modern enterprise management. more

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“Political economy is the science of free society. Its theory and its history alike establish this position. Its fundamental maxims, Laissez-faire and 'Pas trop gouverner' are at war with all kinds of slavery, for they in fact assert that individuals and peoples prosper most when governed least.”

“A government on the principles on which constitutional governments arising out of society are established, cannot have the right of altering itself. If it had, it would be arbitrary. It might make itself what it pleased; and wherever such a right is set up, it shows there is no constitution.”

“It is certain that despotism ruins individuals by preventing them from producing wealth much more than by depriving them of what they have already produced; it dries up the source of riches, while it usually respects acquired property. Freedom, on the contrary, produces far more goods than it destroys; and the nations which are favored by free institutions invariably find that their resources increase even more rapidly than their taxes.”