Taylor's FSLM Journals
A reflection on the stakeholder theory: Impact of the government policy

@ SEARCH Journal of Media and Communication Research

Online ISSN: 2672-7080

*Kho Suet Nie, Faridah Ibrahim, Amli Hazlin Ahmad Mokhtar & Dil Froz Jan Syed Halem Shah

Abstract:

The Stakeholder Theory has been around since the 1984 and is one of the most crucial theories in discussing value creation and trade in the business world. This article is a reflection of the Stakeholder Theory in the context of Government policies. The focus of this research is to look at the Government Programme from the perspectives of Stakeholder Theory. The main firm would be the Government institution, whereas the stakeholders would be defined as people who are affected or have the power to affect the policy, and in this study, the professionals. Customers of the Government Transformation Programme are the public, especially eligible voters. Using the stakeholders theory, this research is a reflection of the Government policies and how it affects different segments of communities, as well as what are the steps taken by the Government to ensure that the Government policies are well received and well executed for the sake of its stakeholders. The study in its preliminary stage, has discovered that the different stakeholders perceived the Government policies success based on their proximity to the policy.

Keywords: government programme, stakeholder theory, government policy, professionals, public policy.