practice

There is widespread agreement that they are a prime stakeholder

• Employees

• Shareholders

• Management

• Creditors

● Some would say that shareholders are the first stakeholder

• Employees

• Shareholders

• Management

• Creditors

Creditors’ rights are often protected under contract and backed by collateral so they are seldom treated as “owners” as the shareholders are

• Creditors

• Employees

• Shareholders

• Management

Some argue that this group is redundant with the employee group

• Trade unions

• Creditors

• Management

• Shareholders

Broader definitions of stakeholders widen the concept to include responsibilities to local communities and, more generally, civil society

• Customers

• The local community

• Creditors

• Management