EME 805
Renewable Energy and Non-Market Enterprise




Management of stakeholder interests is a key aspect to a successful nonmarket strategy and in addressing the social responsibility of corporations. While there are common approaches to mapping various stakeholders and their interests, there are endless ways to categorize all the types of stakeholders, their interrelationships, and their valuations of a given situation or action. Most stakeholder analyses be very much tied to the specifics of a given project, making modifications and customizations depending on the goals and scope of the stakeholder process. For this lesson, we will be covering four readings (plus two optional) that describe 1) how to do (or not do) a stakeholder analysis; 2) identifying the most important aspects of stakeholder management; 3) methodological updates to earlier work on stakeholder theory; and, 4) stakeholder management in renewable energy investments.

Learning Objectives

By the end of this lesson, you should be able to:

  • identify and characterize types of stakeholders;
  • explain the foundations of stakeholder theory; and
  • develop a stakeholder analysis.

What is due for Lesson 9?

This lesson will take us one week to complete. Please refer to the Course Syllabus for specific time frames and due dates. Specific directions for the assignment below can be found within this lesson.

Lesson 9: Assignments
TO DO Read and familiarize yourself with all the Lesson 9 materials.
  • Varvasovszky, Zsuzsa, and Ruairí Brugha. 2000. "A stakeholder analysis". Health Policy and Planning. 15 (3): 338-345
  • Szwajkowski, Eugene. 2000. "Simplifying the Principles of Stakeholder Management: The Three Most Important Principles". Business & Society. 39 (4): 379-396
  • Crane, Andrew, and Trish Ruebottom. 2011. "Stakeholder Theory and Social Identity: Rethinking Stakeholder Identification". Journal of Business Ethics. 102 (Supplement): 77-87
  • Jankauskas, Vidmantas, Paulius Rudzkis, and Adomas Kanopka. 2014. "Risk factors for stakeholders in renewable energy investments". Energetika. 60 (2)
------- Optional Readings ---------
  • Husted, Bryan. 1998. "Organizational Justice and the Management of Stakeholder Relations". Journal of Business Ethics. 17 (6): 643-651
  • Goodpaster, Kenneth E. 1991. "Business Ethics and Stakeholder Analysis". Business Ethics Quarterly. 1 (1): 53-73

    (Check Canvas Lesson 9 folder for direct links to readings.)
  • Complete Lesson 9 Matrix 1 (Simple Stakeholder Analysis) and upload to the Lesson 9 Assignment in Canvas. Attempt a draft of Lesson 9 Matrix 2 (Social Interests x Stakeholders). 


If you have any questions, please post them to our Questions? discussion forum (not e-mail), located under the Discussions tab in Canvas. I will check that discussion forum daily to respond. While you are there, feel free to post your own responses if you, too, are able to help out a classmate.