A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its
investors, employees, customers, and suppliers. However, with the increasing attention on
corporate social responsibility, the concept has been extended to include communities, governments, and
trade associations.
- A stakeholder has a vested interest in a company and can either affect or be affected by a business' operations and performance.
- Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations.
- An entity's stakeholders can be both internal or external to the organization.