UK Accounting Glossary
A general term devised to indicate all those who might have a legitimate interest in receiving financial information about a business because they have a ‘stake’ in it.
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.
A person, group or organisation that has interest or concern in an organisation.
Stakeholders can affect or be affected by the organisation’s actions, objectives and policies.
Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.
If you feel that a company is going to perform really well in future, you may want to consider becoming a stakeholder in the organisation.
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This glossary post was last updated: 23rd December 2018.