Stakeholders are individuals or groups that have some claim on the company. They can be divided into internal claimants and external claimants. Internal claimants are stockholders and employees including executive officers and board member while external claimants are all other individuals and groups affected by the company's actions. Typically, they comprise of customers, suppliers, governments, unions, competitors, local communities and the general public. Stakeholders can influence the organisations because all stakeholders can justifiably expect that …
showed first 75 words of 359 total

showed last 75 words of 359 total
…competition by anticompetitive moves of their own or by filing antitrust suits while communities may oppose the company's attempt to locate its facilities in their area, and the general public ma form pressure group demanding action against companies that impair the quality of life. Any of these reactions can have a disastrous impact on the organisations. So, that is why I think that stockholders do always have the same amount of influence over an organisation.