Stakeholder Salience Model: Power, Legitimacy, and Urgency
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Stakeholder Salience Model Attributes
Classes of stakeholders can be identified based on the possession of one, two, or all three of the attributes: power, legitimacy, and urgency.
Four Propositions of Stakeholder Classes
There are four propositions of the classes of stakeholders.
- Proposition 1: Stakeholder salience will be positively related to the cumulative number of stakeholder attributes.
- Proposition 2: Stakeholder salience will be low where only one of the stakeholder attributes—power, legitimacy, and urgency—is perceived by managers to be present (called Latent Stakeholders).
- Proposition 3: Stakeholder salience will be medium where two of the stakeholder attributes—power, legitimacy, and urgency—are perceived by managers to be present