Economic Development Quarterly

 

Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

Click here to learn more!

Sign In to gain access to subscriptions and/or personal tools.
This Article
Right arrow Full Text (PDF)
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Right arrow Citation Map
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrowRequest Permissions
Right arrow Request Reprints
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via ISI Web of Science (2)
Right arrow Citing Articles via Google Scholar
Google Scholar
Right arrow Articles by Friedman, M. T.
Right arrow Articles by Mason, D. S.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati  
What's this?
Economic Development Quarterly, Vol. 18, No. 3, 236-254 (2004)
DOI: 10.1177/0891242404265795

A Stakeholder approach to Understanding Economic Development Decision Making: Public Subsidies for Professional Sport Facilities

Michael T. Friedman

University of Maryland

Daniel S. Mason

University of Alberta

To analyze the politics of economic development decision making through focusing on participants and their interests, this article details a model of stakeholder analysis developed within organization studies by Mitchell, Agle, and Wood for use among policy makers and researchers. Demonstrating the model through the issue of subsidies for the construction of major league sports facilities, a stakeholder map is created to assess the constituent environment based on the degree to which stakeholders possess attributes of power, legitimacy, and urgency.With this map, various situational factors are assessed to demonstrate the utility of stakeholder analysis for decision makers to strategically manage constituent groups and to explain case outcomes and the manner in which policies are determined. Although the findings suggest that decision makers should focus their resources on stakeholders possessing all three attributes, monitoring the environment is essential to identify potential threats and opportunities.

Key Words: stakeholder analysis • stadiums • urban development


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati    What's this?