This issue features some of the smartest thinking in the world as it relates to the innovation-creating potential of a stakeholder view of the firm. It’s a changing world out there, and we hope this issue provides a sense that it’s time to seize this moment. Corporate citizenship is entering a new phase. We are seeing a coming together of a shareholder view of the firm and a stakeholder view of the firm. We are seeing a shift from stakeholder engagement as defensive and risk-reducing, to creative and innovation-producing — what we call 'generativity'.
Table of Contents Editorial. A Peter Drucker Moment: Harnessing the Innovation-Generating Potential of a Shareholder and Stakeholder Theory of the FirmDavid Cooperrider and Ronald Fry, The Fowler Center for Sustainable Value, Weatherhead School of Management, Case Western Reserve University, USA World ReviewJem Bendell, Associate Professor, Griffith Business School, Ian Doyle, Associate, Lifeworth, and Emma Irwin, independent sustainability consultant and anthropologist Turning Point. Can Stakeholder Theorists Seize the Moment?R. Edward Freeman, University of Virginia, USA Redefining Stakeholder Engagement: From Control to CollaborationPamela Sloan, HEC Montréal, Canada Ethical Management of Crises: Shareholder Value Maximisation or Stakeholder Loss Minimisation?Can M. Alpaslan, California State University, USA How Does Doing Good Matter? Effects of Corporate Citizenship on EmployeesAnte Glavas, Case Western Reserve University, USA, and Sandy Kristin Piderit, Naval Postgraduate School, USA Organising for Corporate Social Performance: The Role of Board-level CommitteesMarie-Josée Roy, University Laval, Canada The New Transformation of the Public Sphere: Discourse through DocumentaryChristina Tangora Schlachter, Center for Socially Responsible Leadership, USADiary of Events