TITLE:
Enriching Stakeholder Theory: Student Identity of Higher Education
AUTHORS:
Joseph W. C. Lau
KEYWORDS:
Stakeholders, Stakeholder Theory, Student Identity, Higher Education
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.4 No.12,
December
23,
2014
ABSTRACT: While students commonly assume the identity of being key stakeholders of higher education, the present article explores the possible complications stemmed from such key identity. Stakeholder theory has its strengths attributed by its conceptual breath and versatility; the limits of the theory arise for the same merit. Making reference to the theory with no restrains leads reasonably to the conclusion that the educational institute is unwilling to take measure closely to the long term effect, tangible or intangible, of such approach. Providing multiple perspectives on the identity of students are observed, an enrichment of stakeholder theory catering student identity is necessary.