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Stakeholders are in a business and what the companies responsabilities are to these stakeholders.
Date Submitted: 10/06/2002 06:54:46
A stakeholder is any individual or group that has an interest (vested or not), in a company. Some people equate a stakeholder with a shareholder of a specific company. These people would be right, for the shareholder has a vested interest in the well being and profitability of the company. Some other groups that could be qualified as stakeholders are the management, employees, and the lenders. More abstractly the customers, the community, and the Government
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Here are some of our current efforts to "live the mission."
So in progression the next question becomes, can a company actually do good, and in turn do well. In practice this is a hard task to perform but yet it can be done. By doing good work in a community, they can develop a good national or local rapport. This reflects positively on the company and can lead to great success for the organization.
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