Abstract
The participation in the company is a longstanding issue in research on business organization, but usually is explained around workers and not around the highest levels of corporate governance. In the modern businesses, the value contribution of capital is dwindling, and the risk, in many situations, is shared by all of the stakeholders of the company. If the added value and the assumed risk are not unique to the shareholders, why should be the government right unique for shareholder? In this paper we reflect on the foundations of the participation of different stakeholders that group the company. We debate the problems associated with the manipulation of Stakeholder Theory, and the depletion deduction of it; moreover, we propose to take the ontological perspective and a practical approach of inductive character. The main contribution of work is to provide a methodological guide which summarizes the participation in organizations of stakeholders.
This journal is registered under a Creative Commons Attribution 4.0 International Public License. Thus, this work may be reproduced, distributed, and publicly shared in digital format, as long as the names of the authors and Pontificia Universidad Javeriana are acknowledged. Others are allowed to quote, adapt, transform, auto-archive, republish, and create based on this material, for any purpose (even commercial ones), provided the authorship is duly acknowledged, a link to the original work is provided, and it is specified if changes have been made. Pontificia Universidad Javeriana does not hold the rights of published works and the authors are solely responsible for the contents of their works; they keep the moral, intellectual, privacy, and publicity rights. Approving the intervention of the work (review, copy-editing, translation, layout) and the following outreach, are granted through an use license and not through an assignment of rights. This means the journal and Pontificia Universidad Javeriana cannot be held responsible for any ethical malpractice by the authors. As a consequence of the protection granted by the use license, the journal is not required to publish recantations or modify information already published, unless the errata stems from the editorial management process. Publishing contents in this journal does not generate royalties for contributors.