Stakeholder Management in Small and Medium-Sized Enterprises

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Focusing on stakeholder management, this thesis presents a model tailored for small and medium-sized enterprises, linking owner-managers' personal ethics to stakeholder engagement. It includes a comprehensive literature review on stakeholder theory and ethical behavior, leading to five hypotheses that underpin the model. The research is validated through case studies of owner-managed micro-enterprises in Belgium's beer industry, offering insights into practical applications and implications for corporate governance in smaller firms.