Fisheries management has long been characterised by strong user-group invol
vement, created to enhance the legitimacy and proficiency of decisions. Due
to perennial problems of overfishing and resource depletion, the privilege
d position of users are increasingly being challenged, and there have been
calls for more inclusive and democratic institutions. Fish, it is argued, i
s a public resource and should be managed through institutional arrangement
s that take the public interest into account. Taking the demands for more i
nclusive and transparent management institutions as our starting point, the
article addresses some of the issues emanating from a stakeholder approach
to fisheries management. Against the backdrop of stakeholder theory, as it
has been developed in the literature on business management, we attempt to
identify-and classify-those with a legitimate stake in the fisheries. We a
lso address some of the problems and complexities of stakeholder management
, and conclude with a discussion of some of the central issues and challeng
es pertaining to the creation of more inclusive and transparent institution
s in fisheries management. (C) 2001 Elsevier Science Ltd. All rights reserv
ed.