Author:
Wallace Kevin,Michopoulou Eleni
Abstract
The significance of stakeholders in the festival and events sector is demonstrated in the literature and is a growing area of interest. The application of conventional stakeholder theory to this sector has proved to be problematic and new models developed as alternatives. Since the
1980s a number of matrices and models have been established to identify and categorize stakeholders, but limitations have been exposed in the context of festival and events research. This study set out to explore the use of established stakeholder models for their usefulness and effectiveness
in the sector, consider alternative models and to examine empirically a proposed alternative. To do so, a multiphased qualitative methodology was used. Results indicated that none of the conventional or proposed sector-specific models were in common usage by sector professionals but did confirm
that Ed Freeman's founding stakeholder definition of 1984 continues to be valid and hold true. The framework for a new conceptual test model was developed and then refined to produce the Stakeholder Sandwich Model for testing on a live event. This model proved to be effective in identifying
and mapping a wide range of stakeholders with flexibility and fluidity, overcoming the limitations of both established conventional models and more recent sector-specific typographies. This model has significant potential for application in the festival and events sector, with implications
for both researchers and event practitioners.
Subject
Marketing,Tourism, Leisure and Hospitality Management,Business and International Management
Cited by
13 articles.
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