MBA Thesis Topics

MBA Thesis Topics

This post intends to provide you with a list of quality MBA thesis topics and how to structure your own MBA thesis. Move universities differ when it comes to writing a thesis, this includes referencing style and word count. The MBA thesis structure below will provide useful when structuring your MBA thesis, I have used the below structure on a couple of occasions and benefited from it.

MBA Thesis Structure – Essential Components

Introduction

Writing a dissertation introduction is perceived as a relatively straightforward aspect of the dissertation writing process. The reason for this may be that we often find typical components in an introduction that we can use, regardless of the study we are writing. One of the challenges of writing a good introduction, however, is to be brief, and to stay focused – This will help you with to write the best MBA thesis topics.

An incoherent or unfocused introduction, or one that is over-lengthy, may detract from the overall grade of the dissertation and will not create a good impression on the reader(s). Be mindful that you should avoid being anecdotal in your introduction (i.e. writing as if you are telling a story) and you will also need to avoid wasting words by stating the obvious and writing a series of over-generalized statements.

  • a clear statement of your MBA thesis aims and objectives;
  • the problems to be solved to reach your objectives, and initial ideas on how to solve them;
  • you may also indicate a gap in knowledge, if applicable
  • research questions – if a research project

Literature Review

Unearthing new theories don’t materialise easily out of nowhere; they build upon the findings of previous academic research and explorations. A literature review illustrates how the academic investigation you are conducting fits with what has been written before and puts it into perspective. A literature review demonstrates to your reader that you are able to:

• Understand and critically analyse the background research
• Select and source the information that is necessary to develop a context for your research
• Shows how your investigation relates to previous research
• Reveals the contribution that your investigation makes to this field
• Provides evidence that may help explain your findings later

If you are doing a dissertation, or significant assignment it is likely that you will need to include a literature review. If you are doing a lab write-up or a shorter report, some background reading may be required to give context to your work, but this is usually included as an analysis in the introduction and discussion sections.

What is a literature review?A literature review is an analysis of existing research which is relevant to your research topic, demonstrating how it relates to your investigation. It explains and justifies how your investigation may help answer some of the questions or gaps in this area of research.

A literature review is not a straightforward summary of everything you have read on the topic and it is not a chronological description of what was discovered in your field. A longer literature review may have headings to help group the relevant research into themes or topics. This gives a focus to your analysis, as you can group similar studies together and compare and contrast their approaches, any weaknesses or strengths in their methods, and their findings.

One common way to approach a literature review is to start out broad and then become more specific. Think of it as an inverted triangle. (1) First briefly explain the broad issues related to your investigation; you don’t need to write much about this, just demonstrate that you are aware of the breadth of your subject (2) Then narrow your focus to deal with the studies that overlap with your research. (3) Finally, hone in on any research which is directly related to your specific investigation.

Proportionally you spend most time discussing those studies which have most direct relevance to your research. How do I get started? Start by identifying what you will need to know to inform your research:

  • What research has already been done on this topic?What are the sub-areas of the topic you need to explore?
  • What other research (perhaps not directly on the topic) might be relevant to your investigation?
  • How do these sub-topics and other research overlap with your investigation?
  • A discussion of the technical literature you have read, explaining why it is relevant for your project critical analysis, e.g. strength, applicability and weakness
  • Identify any knowledge/research gap and how you may address this gap, if applicable
  • Note down all your initial thoughts on the topic. You can use a list to help you identify the areas you want to investigate further. It is important to do this before you start reading so that you don’t waste time on unfocused and irrelevant reading.

    Searching for sources It’s easy to think that the best way to search for texts is to use the Internet – to ‘Google it’. There are useful online tools that you may use, like Google Scholar. However, for most literature reviews you will need to focus on academically authoritative texts like academic books, journals, research reports, government publications. Searching Google will give you thousands of hits, few of them authoritative, and you will waste time sorting through them. A better idea is to use databases. These are available through the Library in paper and electronic (usually online) forms.

    MBA Thesis Topics
    MBA Thesis Topics

    Requirements – MBA Thesis Topics

    • User requirements for the target system, if applicable; or
    • Requirements to achieve the success of your project

    Evaluation Framework

    • Evaluation of your proposed system (if building a software system); or
    • evaluation of your research project, including e.g.
      • quality of data used: e.g. reliability, coverage/completeness
      • quality of data collection method, e.g. limitations of sampling methods
      • quality of analytical methods used, e.g., any limitations? Any bias?
      • quality of conclusions drawn, e.g. are they affected by potential bias of input data due to methods used, incompleteness of data, etc.
      • quality of presentations, e.g. which visualisations used to view complex data – what diagrams have been used, are they suitable?
      • quality of tools used, e.g. are they appropriate? Have you encountered any problems, if so, how did you overcame them?

    Methodology

    • initial design of software or design of experiments, if applicable; or
    • methodology for carrying out your research project, inc. where/how you plan to source your data, how you plan to group them, what methods you plan to deploy for analysis,
    • you can draw a methodology diagram for this.
    • Questionnaire, if any.

    Project Plan

    • PLES issues
    • Timetable and work plan for the whole year, agreed with your supervisor, and specifying activities, deliverable and deadlines. See an example timetable here: project management information:
    • Make sure that you have clearly labelled your time allocation on evaluation and how you will meet the deadlines, etc.
    • Risk analysis and remedies/management

    References

    Appendix (as needed)

    An appendix (plural is “appendices”) is a section added to the end of your dissertation. It includes material that expands and explains the subject matter you have discussed in earlier sections. Each appendix should cover a distinct aspect of your subject. Follow the steps below and you will learn how to write an appendix and its importance to your writing. This is essential for MBA thesis topics.

    • Blank consensus form (if interview/survey are to be conducted)
    • Blank questionnaire (if interview/survey are to be conducted)
    • Data tables or diagrams (if appropriate)
    • Copy of questionnaire or survey
    • Copies of personal correspondence
    • Interview questions
    • Transcripts of interviews
    • Large graphs
    • Maps
    • Illustrations or photographs
    • Explanation of technical information or formulas
    • Diagrams
    • Raw data

    And that’s it, everything you need to include. As with everything, it’s a good idea to check with your dissertation supervisor before handing in as they’re the authority on how your University wants your dissertation. Remember, it’s the starting that’s the hard part, once you’ve sat down and committed the time, it should come quite easily.

    MBA Thesis Topics Notes

    1. Always check the marking sheet/rubric and make sure that you have meet all of the required work. Also make sure that you observe the percentage allocation for each of the categories and that you have provided sufficient to meet the percentage.
    2. The above is the minimum set of requirements. If you have done more than what is suggested here, for instance a preliminary implementation or tests of existing software tools, by all means report it.
    3. Make sure you do not exceed the maximum pages allowed. If you have useful graphs and data, you can include them in appendix.
    4. Make sure you run spell checker to make sure there is no spelling errors.
    5. Make sure you have a clear format
    6. Make sure you use formal language

    Any special format? The cover sheet must include:

    • your full name
    • your supervisor’s name
    • title of your project
    • the captions “Deliverable One”

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    Thanks for taking the time out to read this MBA thesis topics blog post and I hope you found it useful. I would be grateful if you could share this blog post via Twitter, Facebook, or Google+ I would like to generate as much social media buzz around this post.

    Leadership Strategies for Improving Performance

    Dissertation Title: Leadership Strategies for Improving Performance of SMEs in Saudi Arabia

    Despite governmental support, healthy international trade and application of varied leadership styles, small and medium businesses in Saudi Arabia continue to struggle and are unable to sustain their operations. One of the factors that contribute to the decline of such firms is poor management. The study adopted the use of both quantitative as well as qualitative approaches in exploring the leadership strategies for improving the performance of small and medium enterprises in Saudi Arabia.

    It uses surveys as well as secondary sources from various literatures to determine the leadership strategies that successful businesses in the Saudi Arabia have used to survive, especially during the tough financial times. The conceptual framework that is used in investigating the particular leadership strategies is the transformational leadership theory.

    The theory has four tenets, which comprise of idealized influenced, individualized consideration, intellectual stimulation, and inspirational motivation. This research makes use of all these to determine particular ways of enhancing the profitability hence sustenance of the small and medium enterprise in the country. The intention of the study is to recommend the best leadership practices for small and medium enterprises.

    The general objective of the study is to do a comprehensive study on Leadership Strategies for Improving the Performance of Small Businesses in Saudi Arabia. There exist various leadership strategies that when implemented have the potential of shifting fundamentally the organizational dynamics as well as the various strategic approaches to managing critical functions of small and medium businesses. The research will be guided by the following research questions:

    • How can leadership strategies be a tactical tool for enhancing success in the organization?
    • What are the leadership strategies that enhance the achievement of strategic business objectives?
    • What is the impact of strategic leadership on strategic development of SMEs in Saudi Arabia?
    • How do leaders drive organizational innovativeness as a strategy to implement change in the small businesses in Saudi Arabia?
    • How does ethical leadership influence the success of small businesses in Saudi Arabia?
    Leadership Strategies Dissertation
    Leadership Strategies Dissertation

    Leadership Strategies Dissertation Contents

    1 – Introduction
    Context of SMEs
    Background of the Study
    Key SME Enablers in Saudi Arabia
    Definition of SME
    Strategic Management
    Problem Statement
    Objectives of Study
    Research Questions
    Importance of the Study
    Limitations of the Study

    2 – Literature Review
    Organizational Innovativeness as a component of Leadership
    Leadership versus Management
    Strategic Leadership
    Effective Strategy Implementation
    Ethical Leadership
    Theoretical Framework
    Great Man Theory
    Trait Theory
    Contingency Theory (Situational)
    Style and Behavior Theory
    Skills and Characteristics of Strategic Leaders
    Strategic Management Paradigm in Small Businesses in Saudi Arabia
    Proposed Research Framework

    3 – Research Methodology
    Leadership Perceptions of small businesses in Saudi Arabia
    Research Design
    Case Study Research
    Data Collection Method and Period of Study
    Sample Population
    Data Analysis

    4 – Presentation of Findings
    Gender
    Measure of Age Central Tendency
    Education Level
    Years of Experience in Business
    Area of Work
    Strategic Leadership Skills key to SMEs
    Commitment of Entrepreneurs
    The effectiveness of Monshaat Support Center
    Tactical Significance of Business Strategies
    Significance on Monshaat to Strategy Development
    Technology as an Essential Component of Growth
    Influence of Ethical Leadership
    Innovativeness
    Inferential Analysis
    ANOVA Model Summary
    Testing the Relationship between Response and the Explanatory Variables

    5 – Analysis of Findings and Discussions

    6 – Research Discussions
    Strategic Leadership Framework in SMEs
    Monshaat Support Center
    Organizational Innovativeness
    Information Technology Capability
    Presence of Monshaat Support Center
    Effective Strategy Implementation
    Ethical Leadership as a Strategic Tool for Growth

    7 – Recommendations and Conclusion
    Recommendations
    Conclusion

    References

    Appendix
    Survey Questions

    Click Here To View This Dissertation

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    Did you find any useful knowledge relating to leadership strategies for improving performance in this post? What are the key facts that grabbed your attention? Let us know in the comments. Thank you.

    Counterfeit Products Chinese Consumers

    Impact of Counterfeit Products on Consumer Purchase Intention – A Study into the Chinese Mobile Phone Industry

    This dissertation focuses on the on-going growth, nature and prevalence of counterfeit products in the global market. These products are attaining popularity at a higher rate due to several factors that form the focus of this research study. These attributes include pricing, durability and reliability. As such this dissertation aims at assessing the impact that these attributes have on the consumer purchase intentions. In the data collection phase, this research study employs survey as the research strategy and questionnaires as the preferred research instrument. The dissertation further utilizes IBM SPSS 20 in analysing the data collected. Descriptive statistics, specifically mean analysis, is the employed.

    The study concludes that the pricing of counterfeit mobile phone devices is the attribute that affects the purchasing intentions of Chinese consumers. Precisely, Chinese consumers perceive counterfeit devices as affordable and accessible compared to their genuine counterparts. The other attributes considered in the study, reliability and durability, do not affect the purchase intentions of Chinese consumers as much. This research aims at outlining the various aspects of counterfeit products and their role in influencing consumer purchase intentions. These aspects are broadly categorized as pricing, reliability and durability. Among the three, previous research reaches to a consensus that pricing plays a significant role in influencing consumer purchase intention. Genuine mobile handsets, especially in the smartphone category, are pricey making them unattainable to majority of the Chinese populace. Chinese people are more inclined into purchasing counterfeit smartphones. In terms of reliability and durability, prior research concedes that counterfeit products are subpar in both aspects. However, this conclusion is applicable for luxury fashion and clothing items. Mobile phones, on the other hand, are not subject to the wear-and-tear dynamics of the aforementioned items. On this basis, this dissertation is justifiable as it presents an aspect that was previously disregarded by previous research.

    Counterfeit Products China
    Counterfeit Products China

    This research study narrows down its focus to assess the impact that counterfeit products have on the purchasing intentions of Chinese consumers. The Chinese mobile phone industry is vast and provides conclusive insight on these impacts. Of note, this research analyzes the aspects of counterfeit products such as pricing, durability and reliability.

    Dissertation Aims and Objectives

    • To examine impacts of counterfeits pricing differences on consumer purchase intention in Chinese mobile phone industry
    • To examine impacts of counterfeits reliability differences on consumer purchase intention in Chinese mobile phone industry
    • To examine impacts of counterfeits durability differences on consumer purchase intention in Chinese mobile phone industry

    View This Dissertation Here

    MBA Dissertation CSR

    MBA Dissertation – Impact of CSR on Business Practice

    CSR Corporate Social Responsibility – This MBA dissertation explores the importance of implementing sustainable standards and initiatives in the meeting industry sector. In order to succeed in its aim, the following key aspects have been evaluated: the theoretical framework of sustainability itself and the increasing relevance of sustainability in the meeting industry and the inherent gaps in this; the most commonly implemented sustainable standards in the meeting industry sector and companies’ motives for adopting sustainability standards as well as to find out which factors influence on the organisation’s decision to implementing those initiatives; to define which challenges companies face when they implement sustainable standards.

    Finally, to analyse why some companies are not certified yet, which sustainability activities these organisations do and if they plan to get certified with sustainable standards in the future. In contrast to the previous literature, which is suffered from lack of empirical knowledge, this research contributes to existing knowledge by implementing the convergent parallel research design and focusing on motives of the companies for implementing the standards, benefits and challenges faced by companies while implementing those standards, and how the adoption of sustainable initiatives and standards influence on customer loyalty.

    MBA Dissertation CSR
    MBA Dissertation CSR

    The research is based on an analysis of survey with 120 responses from small, medium and large meeting industry companies (13% response rate), and on six (6) semi-structured interviews. The results reveal that the notion of CSR is popular concern among different companies and organisations in the industry. The findings also show that the implementation of sustainable standards becomes a part of the company’s everyday activities. In particular, the results show the implementation of sustainable standards is driven by several motives, such as increasing customer loyalty and satisfaction, ability to access international markets and acknowledging Social Responsibility. In addition, the findings reveal the main benefits of adopting the standards: fewer resources used and cut waste have been defined, while the main challenges are time consuming and expensive prices for certification. Moreover, it is important to highlight that some companies face challenges while implementing the standards such as lack of internal expertise on sustainable standards. It can be concluded, that providing of better and clear guidelines for implementing sustainable standards are needed.

    Dissertation Objectives

    • To present the theoretical framework of sustainability and CSR and the increasing relevance of sustainability in the meeting industry and the inherent gaps in this.
    • To discuss the most commonly implemented sustainable standards in the meeting industry sector.
    • To conduct a primary research in order to determine the motives of the meeting industry companies to implementing sustainable standards.
    • To analyse benefits obtained from adopting sustainable standards as well as to find out which challenges the companies face while implement the standards.
    • To discover how certification with standards influences on customer loyalty and which reporting activities companies undertake or plan to undertake.
    • To analyse why some companies are not certified yet, which sustainability activities these organisations do and if they plan to get certified with sustainable standards in the future.

    View This Dissertation Here

    MBA Stakeholder Theory

    Stakeholder Theory

    Business and management ethics encompasses numerous theories which provide adequate explanations on how moral and ethical issues in business can be addressed. They are important in management of businesses organizations because they set up the outline on which managers should monitor the distinctive operations in their organizations (Hasnas, 2013,112, p47-57). These theories are important in managing entities since they work towards establishing avenues that are important in guiding human beings in their daily activities. Theories like normative theory have been identified to be important in business management and organization control because it offers focus to managers and all other important stakeholders in the entity (Miles, 2012, 108, p285-98).

    These theories attend to distinctive aspects in an organization which enables effective running of these entities. They have certain specifications which differentiate them from other theories and aid in outlining their purpose in a business setting. For instance, a theory like the normative theory is identified by its prescriptive nature and its ability to give direction on how certain actions should be done. It is known for its concerns about moral issues in an entity. This differentiates it from other theories like the philosophical ethics theory and many others. This paper therefore is focused towards establishing validity of stakeholder theory as an ethical theory which has been largely used in the business and organizational settings for long (Parmar, Freeman, Harrison, Wicks & Purnell, 2010, p10)

    History of Stakeholder Theory

    The stakeholder theory is an organization oriented as well as business focused theory which points out importance of shareholders in an entity, the rights that they deserve as well as benefits that they should get. These it explains based on the argument of maximizing shares of the shareholders their access to information as well as control on the issues of the organizations they are having shares in. the theory is said to have been established by Freeman in 1984 in order attend to ethical practices in business management (Purnell & Freeman, 2012, 108, p285-98.)

    Understanding this theory it is significant to establish who these stakeholders are and what qualifications one have to be a stakeholder. This is important because it will help in ascertaining whether the arguments that the theory puts forth are valid or not. This in turn helps the study to identify the levels of ethics in this theory (Purnell & Freeman, 2012, 108, p285-98.)

    .Stake holders are considered to be individuals or groups that have legal claims in the operation of an organization. These individuals or groups ranges from the local community where the business is situated to its suppliers, the people it employs, people possessing the organization`s stocks, its customers and all parties which plays important part in its existence (Wempe, 2008, 18, p549-53). The coordination of these groups is significant for development and growth of a company. Their interactions and coexistence will possibly determine the extent to which such a business entity can move in terms of prosperity, and it is due to exclusion that freeman noticed in his time that perpetuated development of stakeholder’s theory.

    Stakeholder Theory Ethics

    The theory can be considered ethical on different ground, first, ethics in the theory is identified by fact that it advocates for consideration of other parties which have important contribution in a firm. In this way it tries to disengage the ancient belief that operations in a business entity are directed towards increasing the profits of the stockholders while ignoring other groups like employees,  customers and local community which have numerous parts to play in the well-being of the business. Stakeholder theory stipulates that apart from stockholders other parties should be given adequate attention and their priorities should not be neglected. In this way the theory advocates for selflessness, which is an ethical aspect in the society. It tries to decentralize benefits of businesses to everyone and ensure equity in gains of business outcomes (Parmar, Freeman, Harrison, Wicks & Purnell, 2010, p10). It also has an active campaign against high preferences on profits rather than on their stakeholders who ensure that these profits are generated. It does this by pointing out and explaining the values of every stakeholder in operation and sustenance of a business entity. Every constituency in a business has an important role they play to ensure that the objectives and goal of the firm are met. It is therefore not the efforts of the shareholders which generate quality outcomes in a business but a combination of different parties which serves different purposes. This makes ideas that business is a moral involvement where people who do not work benefit at the expense of those who bear larger part of responsibility to lack relevance (Purnell & Freeman, 2012, 108, p285-98.)

    Human beings are not means to an end but rather the end itself, groups` contributions towards prosperity of any entity cannot be considered means to an end. By addressing this fact stakeholder theory is justified as an ethical theory. This is because it tries to address issues of exploitation of human capacities, creativities and potentials in a way that will not be egalitarian (Miles, 2012, 108, p285-98). The theory argues that every stakeholder groups needs to be awarded its share of contribution in promoting future of the entity they are associated with. This becomes ethical since it tries to prevent instance of exploitation and greed which might be making some entities in a business better off while others are getting worse off.

    By addressing how operations in modern organizations which do not take interests like basic needs of its stakeholders in accounts is a moral foundation on which this theory is built on. The theory identifies issues such as safety and health of the employees and other stakeholders to be equally important in the process of generating profits for the stakeholders. In this way an ethical working environment is facilitated where activities from economic entities which might be having adverse effects on those who contribute to growth of such an organization can be attended to and compensated adequately (Purnell & Freeman, 2012, 108, p285-98.)

    In establishing fundamental moral principle in any business operation the theory advocates for equality in sharing of benefits of a business involvement. It is more directed to the universal moral attribution of human personality which Charles Taylor advocated for in his time. This means that everyone who is actively contributing to any process is bound to be considered relevant and significance participant in the process. Such parties have to receive shares of the outcome of the productive process that they took part in minus any form of exclusion. As a result of this the theory addresses need to ethical appreciation of human agents as important component in production. This he theory explains that it should be on an equal level without any form of inequality (Miles, 2012, 108, p285-98).

    Pragmatism also emerges as another reason for the theory to be accepted as an ethical postulation. This is based on notion that, by managing stakeholders the entity is not only operating on ethical grounds but promotes its capacities to succeed since stakeholders are important people that an organization cannot operate without. In the same way world is controlled by principles of ethics and it is these principles that help to create order in all sought of interaction and engagement. This calls for need to establish explanation of the world, what is in it and how it operates. This creates the ethical basis of the theory, since it helps in creating order by establishing what constitutes business management and the expected relations in the business relations.

    The theory also calls for coexistence and establishing of strong relationships between the participants of a business organization. This proves ethics in the theory since it implies that there is no business which cans operate in evacuee. In the same way the stakeholders depend on the business is the same way the business relies on the well-being of stakeholders. This makes these two parties to be inseparable hence the need to cordially coexist.

    Summary of normative and stakeholder theory

    Normative theories basically judges whether an action is moral or immoral based on two aspects and these are the consequences that an action causes as well as based on the characteristics of the actions themselves, their nature and manner in which they are carried out. The theory argues that an action can be right or wrong provide that it is promoting and individual`s long-term gain or it undermines it respectively. This argument is founded on the concept of egoism, these can be personal impersonal or psychological. All of these aspects have a common argument in that they advocates for taking particular decisions and courses in life that benefits one self.

    On the contrary the utilitarian aspect argues differently, since it tries to address its concern a way from individualism. In this way it advocates for business decisions and activities to be done in a way that don’t benefit oneself but a greater number of people. Human actions should be directed towards creating the greatest welfare of human person in a universal way so as to ensure that people are at the same level and that others do not get disadvantaged while others are benefiting (Wempe, 2008, 18, p549-53).

    Therefore according to normative theory net worth of happiness and well-being of human beings should be given first priority in enacting decisions. People should also be presented with equal opportunities to help them discover their full potentials and also to help the gain from whatever activity they are being involved in. in so doing greater degree of morality and ethics will be achieved.

    The martin Friedman’s view that business entities do not have any form of moral obligation or social responsibility if not increasing the profits  that they generate in their operations is what is being referred to as shareholder theory. The theory argues that the shareholders are the main drivers of any business entity this calls for needs to be socially responsible to the shareholders and not their exclusion as it happens in most cases. The theory stipulates that business organization will not adequately attend to the society if it starts to concern itself with it. In this way it advocates for a society where the businesses ensure that the only responsibility they have on the society is to ultimately utilize their profits in a way that it does not operate outside set regulations and standards.

    Stakeholder Theory
    Stakeholder Theory

    Critical analysis of both the normative and the shareholders theories provides imperical evidence can be established the shareholders theory is part of normative theory. This is because normative theory explains the importance of moral action to undertake when making certain decision. In the same way shareholder theory seems to be stressing on the same issue based on what should an organization do so that it does not make profit only but increase welfare of those who contributes to its growth.

    Issues identified in the literature

    There is issues of diversity in the stakeholder theory, the study realized that more than one variety of stakeholder theory do exist this is clearly presented by Goodpaster in his stakeholder analysis and stake holder synthesis. Therefore goes ahead to refute the idea of using stakeholders issues to introduce ethics in business management activities (Purnell & Freeman, 2012, 108, p285-98.). This issue can be resolved by identifying ethical practices which business institutions are supposed to incorporate in their operations so as to avoid contradictions which arise due to dualism in the theory. The other issue that the study has presented is absence of justifications for certain claims in the theory, this can be seen in Donaldson and Preston`s study which argues that the theory cannot be depended upon since it lacks proper justification for claim and postulations it makes. The other reason that the two give for inability to justify stakeholder theory is fact that the theory itself is a prescription of what is expected in an organizational setting and not description of what should be done to attain the expected ethical standards.

    The theory is also divided between instrumental and normative theories. This makes its classification difficult undertaking since it bares characteristics of the two types of theories. It also deals with importance of managers and their contributions in a business. The theory points out reasons as to why stakeholders has to be given attention in an organization due to their financial contributions they make to business as well as other significant contributions. The work also focused on conflict within the stakeholder theory which makes it contradicts itself hence giving validation to the critics’ perspectives on why the theory should be applied as basis of ethics evaluation in an organization (Purnell & Freeman, 2012, 108, p285-98.)

    Application of Stakeholder Theory

    The theory was widely practiced in Australia in the period after the post-war, this practices was associated with increase and escalation of entities which called for managerial controls. Growth of huge corporations owned by the Americans as well as the increased bureaucracies in these periods to a large extent facilitated the development of this theory and its application. The need for its use was voiced by vast number of stakeholders in Australia at that time that seemed to possess limited influence on issues of management of entities where they were stakeholders (Wempe, 2008, 18, p549-53).

    Lessons

    When establishing a theory it is significant to address all the aspects it is advocating for in a clear and precise way. This is to help avoid contradictions an inability to establish ethics in such postulations. Despite this collective inclusion of people who are an important part of a process is significant. This is because it promotes the sense of ownership and ethical values in the operations of such entities.

    References

    Hasnas, J 2013, Whither stakeholder theory? A guide for the perplexed Revisited. Journal of Business Ethics, 112, p47-57.

    Miles, S 2012, Stakeholder: Essentially contested or just confused? Journal of Business Ethics, Prentice Hall, New York.

    Parmar, B, Freeman, R, Harrison, J, Wicks, A &Purnell, 2010, Stakeholder theory: The state of the art. Academy ofManagement Annals, Prentice Hall, New York.

    Purnell, L & Freeman, R, 2012, Stakeholder theory, fact/value Dichotomy, and the normative core: How Wall Street stops the ethics Conversation. Journal of Business Ethics, 108, p285-98.

    Wempe, B 2008, Understanding the Teparation thesis: Precision after the Decimal point? Business Ethics Quarterly, 18, p549-53.

    I hope you enjoyed reading this post on Stakeholder Theory and how it affects business. There are many other titles available in the business management and MBA dissertation collection that should be of interest to MBA students and academic professionals. There are many dissertation titles that relate to other aspects of business such as strategy, leadership, international business, mergers and acquisitions to name a few. It took a lot of effort to write this post and I would be grateful if you could share this post via Facebook and Twitter. Feel free to add your thoughts in the comments section. Thank you.