The stakeholder concept has become popular in management theory. The publisher’s description of the book Stakeholder Theory [146] says:

The stakeholder perspective is an alternative way of understanding how companies and people create value and trade with each other. Freeman, Harrison and Zyglidopoulos discuss the foundation concepts and implementation of stakeholder management as well as the advantages this approach provides to firms and their managers. They present a number of tools that managers can use to implement stakeholder thinking, better understand stakeholders and create value with and for them. The Element concludes by discussing how managers can create stakeholder oriented control systems and by examining some of the important stakeholder-related issues that are worthy of future scholarly and managerial attention.
This quote makes use of the concept of ‘stakeholder’ in relation to management theory of firms. The concept has also been used in the form ‘stakeholder society’. The online dictionary Wiktionary explains:
A society whose members have both rights from it, and duties or responsibilities to it; a concept within the New Labour movement.
Consider the concept ‘stakeholder’ from the perspective of establishing a prototypical model.
(a) What do ‘stakeholders’ represent: individuals or groups?
(b) How can the concept help to establish a description, i.e. model, of the dynamics of the management of either a firm or society?
(c) At the level of firms, discuss if the stakeholder concept represents robust structures possessing independent integrity.
(d) At the level of society, discuss if the stakeholder concept represents robust structures possessing independent integrity.
(e) Can the stakeholder concept help us to establish robust prototypical models?