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?

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

What role do employees play as stakeholders in a business?

Explain the relationship between shareholders and dividends.

What is the significance of the AGM for shareholders?

Describe the potential conflict of interest between different stakeholders.

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