Class Notes (838,049)
Canada (510,626)
Accounting (778)
ACC 414 (25)
Lecture

Stakeholders

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Department
Accounting
Course
ACC 414
Professor
Franklyn Prescod
Semester
Fall

Description
Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests Power and influence Shareholders Profit growth, Share price growth, Election of directors dividends Banks & other Interest and principal to be repaid, Can enforce loan covenants Lenders maintain credit rating Can withdraw banking facilities Directors and Salary ,share options, job Make decisions, have detailed information satisfaction, status managers Employees Salaries & wa
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