Search for: [Abstrakt = "Nowadays technological and economic development has increased an importance of giving social legitimacy to business activity. It changes a status and role of a corporation in modern society. Stakeholders theory is a new, dynamic approach to current management dilemmas. The paper presents a thesis that a corporation is able to achieve persistent competitive advantage on the strength of stakeholders management and sustainable development. Stakeholder management and sustainable development as a part of strategic management create innovation, social capital, entrepreneur spirit and environment, reputation of company that leads to the creation of financial and social value."]

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