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Those who use stakeholder theory as a reference are both underlining the correlation between facts and a certain conceptualisation thereof (Section 1) and trying to make the necessary shift from a "panoptic" analysis akin to a panoramic vision of texts and positions (Section 2) to an "in-depth" one geared towards an understanding of their foundations (Section 3). As a "theory of organisations," stakeholder theory helps to nourish a relational model of organisations by revisiting questions about "who" is actually working with (and in) the firm. Stakeholder theory is part of a comprehensive project that views the organisation-group relationship as both a foundation and a norm Originally published as Corporate Governance (2005, Vol.5, No.2)Pesqueux, Yvon is the author of 'Stakeholders In Perspective' with ISBN 9781845440374 and ISBN 1845440374.
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