ABSTRACT

Relational economics and the accompanying discussion of a relational methodology and epistemology contribute to the development of a theory of a cooperative and relational economy and to the theoretical reflection on stakeholder capitalism. It sees itself as an interdisciplinary political economy primarily interested in the processes and drivers of private and public cooperative value creation, in shared value creation for all stakeholders involved and invested in an economic relational transaction and its governance. The core of this theoretical project is the analysis of the most frictionless and efficient implementation of cooperative transactions and their agencies or events, the governance structures necessary for this, and the implications for the management of relationality as a business model.