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- Employees. Employees and their representative groups are interested in information about the stability and profitability of their employers. They are also interested in information which enables them to assess the ability of the enterprise to provide remuneration, retirement benefits and employment opportunities
- Investors. The providers of risk capital and their advisers are concerned with the risk inherent in, and return provided by, their investments. They need information to help them determine whether they should buy, hold or sell. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends. (Investors are owners of the co. It can be argued that they are external stakeholders, but it's also hard to call your owners outsiders)
- Management and those who appointed them. Financial statements also show the results of the stewardship of management, or the accountability of management for the resources entrusted to it. Those users who wish to assess the stewardship or accountability of management do so in order that they may make economic decisions; these decisions may include, for example, whether to hold or sell their investment in the enterprise or whether to reappoint or replace the management
What else can I help you with?
Is the stakeholder corporation a realistic model for business firms Will stakeholder corporations become more prevalent in the twenty first century Why or why not?
hoijhl;k
What is a stakeholder model?
The stakeholder model takes the approach that in order to be effective, the organization needs to take all the stakeholders of a company into account. The approach to this can most effectively be implemented using the stakeholder focused performance management approach (SFPM). SFPM ensures that all stakeholder expectations and contributions are taken into account and measured in an effective framework using a modified balanced scorecard.
Why the government is a stakeholder?
A stakeholder is someone who has an interest in a business. The government is interested in businesses as they set out the regulations and need the businesses to do well to kepp the economy healthy.
What is the difference between shareholder wealth maximisation and stakeholder wealth maximisation?
Shareholder and stakeholder in a company are the investors and company assets holder respectively. So the wealth maximization in both cases is nothing but increase in the share value for shareholder and company profitability for stakeholder.
What are the costs and benefits of an internal control?
The costs of implementing internal controls include financial expenses for systems, training, and ongoing monitoring, as well as potential inefficiencies that can arise from increased procedures. However, the benefits often outweigh these costs, as effective internal controls can prevent fraud, ensure compliance with regulations, and enhance operational efficiency. Additionally, they can improve the accuracy of financial reporting and boost stakeholder confidence in the organization's integrity. Overall, a well-designed internal control system contributes to long-term organizational stability and success.
Can an internal stakeholder be considered a primary stakeholder?
It depends on the project. Sometimes internal stakeholders are much more important than external stakeholders, sometimes external stakeholders don't even exist in the project (it's mainly an internal project). So I think the answer is Yes, an internal stakeholder can be considered a primary stakeholder.
Stakeholder should be internal or external?
Generally, stakeholders are external. If an employee is at the same time a stakeholder of the company he works for, then he is both internal and external.
Is a trade union an internal or external stakeholder?
they are internal because they are dons....
Definition internal stakeholder?
Internal Stakeholders are anyone within the business such as workers, owners, shareholders etc Internal stakeholders are operating in the businesses immediate department for example a manager is an internal stakeholder as it has a direct use within the business.
What is a internals?
An internal stakeholder are those from within the business e.g. managers and staff
Who are the two internal stakeholder for soccer wolrd cup 2010?
I think it was M.T.N. and Castrol.
Are owners internal stakeholders?
Typically they are. Any employee with a vested interest in a company is an internal stakeholder, which typically includes the CEO and the board of directors.
What is the difference between internal and external stakeholders in a hospital?
The public is an external stakeholder as are federal and state governments, insurance companies, employers, and patients. Physicians, nurses, therapists are internal stakeholders
Difference between customer and stakeholder?
stakeholder customer
Components of the tourism stakeholder system?
components of the tourism stakeholder system
What is project stakeholder management?
A stakeholder - is a person who has invested money in something.
Stakeholder of mutual fund?
A stakeholder of a mutual fund is someone who has interest in it.
