Power vs Interest grid works well. Links/publications attached.

https://www.mindtools.com/pages/article/newPPM_07.htm

Article Strategic Management of Stakeholders: Theory and Practice

The hierarchy of stakeholders' interest is a long debate in the Stakeholder theory.  the stakeholder theory is a normative theory- that offers a framework of thinking and finally it is back to the practitioners to decide how things should be managed (to strike balance among the conflicting interests).  As far as corporate governance is concerned (pragmatically), it is easier to have specific conclusion about which interest to be given priority.  Perhaps, it is necessary to have a specific party to be considered as the main stakeholders in the list (with higher weights of priority) - to ease the management of the corporation.  I would like to share Boatright (1994) idea in his article entitled "What's so Special About Shareholder".  Based on Boatright idea, it is very true that nothing special about shareholder, to justify any special managerial treatment.  In fact, everything must be in "the best interest of the company" as a whole.  

However (in terms of a pragmatic & operational consideration), by pursuing most of the interest of the shareholders, the corporation as a whole will be better off and other stakeholders will  indirectly get benefit through the attainment of shareholders' interest.

Refer:  Boatright, J.R. (1994), Business Ethics Quaterly, 4(4): 393-407.

Dear colleague,

Please, read the article of Michael Jensen about value maximization and stakeholder theory -

http://www.chinadinghui.com/doc/306.pdf

Dear Yanica & Dear Brian Lee

Thanks a lot for your attach files

Regards

Mehdi

Dear Suraiya

Thanks for your answer.

Regards

Mehdi

Dear freinds

Do you think that the  differnt weight to stakeholder groups caused  analyst involved in decision making? If it is not better so to be the same weight is better ?

Regards

Mehdi

Dear Mr. Zandebasiri:

You can see a real application of weights for stakeholders in order to categorize its influence on organizations in this job we developed at Spanish Universities titled "Social Responsibility at Spanish Universities 2014/15": http://www2.uah.es/iaes/publicaciones/essays_012.pdf. See page 455.

Regards,

Óscar

http://www2.uah.es/iaes/publicaciones/essays_012.pdf

Dear Óscar

Thanks for your answer. I read your attach file but do not obtain my answer.

Do you think that the  differnt weight to stakeholder groups caused  analyst involved in decision making? If it is not better so to be the same weight is better ?

Regards

Mehdi

You might be interested in the stakeholder map:

Dear Mr. Zandebasiri:

In stakeholder analysis you should consider some important aspects. Fundamentally, the theory is based on the ethics addressing the ‘principle of who and what really counts’. There is a vast literature on the various aspects of stakeholders interests and risks, but basically, as you already know quite well is that a stakeholder is any person that has an interest in any given subject and can be positively or negatively impacted by it. After that it is important that the researcher should consider what sort of attributes need to be considered: power, influence, interest are amongst the most common. Some authors consider an approach by which stakeholders are ordered according to their potential either as a threat or as a cooperating body. Another important aspect in terms of deciding whether to attibute equal or different  stakeholder weights is to consider their position. Those people and groups that are the intended beneficiaries or directly affected by the project are called primary stakeholders. Those that deliver the project are secondary stakeholders, whether or not they belong to the public or private sector. Finally, the others that may derive some benefit from the project even if they are not directly involved in it, but which have some interest in its outcomes are denominated external stakeholders. Finally , a stakeholder analysis must be conducted and updated throughout the life cycle of the project, and as such stakeholder involvement (and consequently their weights) vary along the lifetime of the project.

Best regards and votes of good research work,

Jorge

Dear Juha 

Thanks for your attach file

Regards

Mehdi

Dear Mehdi

In my humble opinion, different weight is preferred as there are different category of stakeholders. Each of these stakeholders have different roles and expectations. Therefore, it could only be fair to assign different weightage.

Hope it helps. All the best!

Regards

Mei Peng 

Dear Mei

Thanks for your answer

If we accept the different weights We will accuse to involve in decision making process.

What is your answer for this matter?

Regards

Mehdi