Stakeholders and Shareholders in Business: Understanding the Differences and Tensions

The video tutorial explains the concepts of stakeholders and shareholders in a business context. Stakeholders are individuals or groups with a vested interest in a business's performance, such as creditors, directors, government, employees, owners, and suppliers. The tutorial uses a charity shop as an example to illustrate how various stakeholders are involved. Shareholders, a specific type of stakeholder, own shares in a business and receive dividends. The video also discusses the potential conflicts of interest between stakeholders and shareholders, highlighting the tension between ownership and management.

What is the definition of a stakeholder in a business context?

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How do creditors have a vested interest in a business's performance?

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What role do employees play as stakeholders in a business?

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Explain the relationship between shareholders and dividends.

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What is the significance of the AGM for shareholders?

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Describe the potential conflict of interest between different stakeholders.

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What does it mean when there is a divorce of ownership from control in a business?

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