I'm wondering about the meaning of the word "stakeholding" in the following extract:
The family was not simply the sum of the connections created by a large, extended set of relations ... a family ... was a name, a material and symbolic patrimony, and a form of stakeholding in America ... describing a total lineage, past, present and future.”
— Eric Homberger , Mrs. Astor's New York
The extract is not from Hombergers text, but from a teen novel, "Blue Bloods" by Melissa de la Cruz.
There seems to be some kind of "stakeholder theory" in the corporate world, but I don't see the relevans. Or does it have to do with "putting down stakes" or something similar ... ?
I'd appreciate any comment ... a synonym, perhaps ... ?
It relates to stakeholding in a company. It is saying that they have an interest in the country's future by settling there.