Stakeholders In Commercial Organisations

Stakeholders In
Commercial
Organisations
Revision Notes


 Stakeholders: Stakeholders are the
individuals or groups that are directly or
indirectly affected by an organization’s
pursuit of its goals. They include
owners/shareholders, employees,
suppliers, distributors, general public,
labour union, creditors, financial
institutions and government.
 Internal Stakeholders: Internal
Stakeholders are the individuals or groups
which themselves form the organization
and includes:
(i) Employers – Shareholders Owners and
Managers

, (ii) Employees
 Shareholders: Shareholders, often
called stockholders, are the owners of a
corporation. Shareholders are the
people or entities that legally own the
share certificates of a company.
 Employer: A legal entity that controls

and directs a servant or workers under
an express or implied contract of
employment and pays him or her
salary or wages in compensation.
 Employee: An individual who works

part-time or full-time under a contract
of employment, whether oral or
written, express or implied and has
recognized rights and duties.
 External Stakeholders: External
stakeholders are the individuals or
groups which are outside the
organization and include:
(i) Suppliers