Question

In: Accounting

Who do you think the stakeholders may be and why?

Who do you think the stakeholders may be and why?

Solutions

Expert Solution

The stakeholders of a company are:

1) The shareholders : Those shareholders who contributed money towards the ownership of the company are the Stakeholders of the company because they are having owning to the company.

2) The Suppliers and other creditors : Those suppliers who have provided raw-materials to the company on credit are the stakeholders of the company as they own the money for their supplies to the company.

3) The Employees : The employees who works at the company for the creation of the goods and services are the stakeholders to the company for their wages and salaries against the services provided by them to the company.

4) The Clients : The clients who purchases the goods and services of the company by advancing the goods to be supplied to them are the stakeholders of the company for the advances provided by them.

Thus, in nutshell, we can say that the Shareholders, Suppliers, Employees and The Clients are the Stakeholders of the company.

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