stakeholder

stakeholder is in the Corporate, Commercial, & General Law and Entrepreneurship, Management, & Leadership subjects.
stakeholder appears in the definitions of the following terms: assurance, vital record, total quality management (TQM), interactive planning, integrated planning, company creed, external structure, change management, strategic objective and
stakeholder appears in these other terms: external stakeholder, financial stakeholder, stakeholder value approach
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stakeholder

Definition
Person, group, or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies. Key stakeholders in a business organization include creditors, customers, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources. Although stake-holding is usually self-legitimizing (those who judge themselves to be stakeholders are de facto so), all stakeholders are not equal and different stakeholders are entitled to different considerations. For example, a firm's customers are entitled to fair trading practices but they are not entitled to the same consideration as the firm's employees. See also corporate governance.