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Sustainable Development Theory:

Sustainable development is the organizing principle for meeting


human development goals while simultaneously sustaining the ability of
natural systems to provide the natural resources and eco-system services
based upon which the economy and society depend.
Stake holder Theory:
Shareholder theory is the view that the only duty of a
corporation is to maximize the profits accruing to its shareholders. ...
Under shareholder theory, the only reason management is working on behalf
of shareholders is to deliver maximum returns to them, either in the form of
dividends or an increased share price.
Complementary need theory:
Complementary needs theory is a theory of mate selection that
attempts to explain why individuals choose the mates that they do. It suggests
that individuals select partners whose needs are opposite and complementary
to their own. Winch (1952) proposed that spouses tend to resemble each other
in many sociodemographic characteristics, and among those with these similar
characteristics, field of “eligible,” an individual selects a mate who complements
his or her need patterns and from whom he/she sees the greatest promise of
providing himself or herself with maximum need gratification. Individuals look for
a person who can essentially round out their psychological needs and fill
whatever gap he/she might have.

Institutional theory
Institutional theory emphasizes the normative impact of the
environment on organizational activity. Colleges and universities exist within
an institutional environment in which external stakeholders determine in part the
expectations for organizational behaviour and practices.

Self-determination theory:
Self-determination theory suggests that people are motivated
to grow and change by three innate and universal psychological needs. This
theory suggests that people are able to become self-determined when their
needs for competence, connection, and autonomy are fulfilled.
The Resource-Based View Theory:
RBV is an approach to achieving competitive advantage that
emerged in 1980s and 1990s, after the major works published by Wernerfelt, B.
(“The Resource-Based View of the Firm”), Prahalad and Hamel (“The Core
Competence of The Corporation”), Barney, J. (“Firm resources and sustained
competitive advantage”) and others. The supporters of this view argue that
organizations should look inside the company to find the sources of competitive
advantage instead of looking at competitive environment for it.

Coordination Theory:
Coordination, in a systems thinking approach fashion is called
for. Crowston (1998) refers to coordination theory as “a still developing body
of theories about how coordination can occur in diverse kinds of systems.
According to this theory, actors in organizations are faced
with coordination problems.

Rational View Theory:


The relational view theory for considering networks and dyads
of firms as the unit of analysis to explain relational rents, i.e., superior individual
firm performance generated within that network/dyad. This view has later been
extended by Lavie (2006).

Resource dependence theory:


(RDT) is the study of how the external resources of
organizations affect the behavior of the organization. The procurement of
external resources is an important tenet of both the strategic and tactical
management of any company. Nevertheless, a theory of the consequences of
this importance was not formalized until the 1970s, with the publication of The
External Control of Organizations: A Resource Dependence Perspective
(Pfeffer and Salancik 1978). Resource dependence theory has implications
regarding the optimal divisional structure of organizations, recruitment of board
members and employees, production strategies, contract structure, external
organizational links, and many other aspects of organizational strategy.

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