What is meant by a "stakeholder". and how is that different from a stockholder. What are...
What is meant by a "stakeholder". and how is that different from a stockholder. What are the different types of stakeholders, Play the role of one type of stakeholders and explain what type of accounting information do you need and how does that affect your financial position.
Homework Answers
Stakeholders :
Stakeholders can either be an individual or organization having an underlying interest in the functioning of a company. There are two types of stakeholders. Insider stakeholders (employees, stockholders, trade unions) and Outsider stakeholders (suppliers, lenders, government).
Stockholders are the owners of the company. They hold either common or preferred shares in the corporation.
“All stockholders are stakeholders. But not all stakeholders are not stockholders”.
Let us assume, I'm the supplier of a company. I would be interested in the liquidity of that company. i.e if the company can pay its short term obligations on time. So, I would look at the current ratio/acid test ratio/accounts payable turnover.
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What is meant by a "stakeholder". and how is that different from
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