Responding to various stakeholder groups, Financial Accounting

Q. Responding to various stakeholder groups?

If a company has a solitary objective in terms of maximising profitability then it is only responding to one stakeholder group namely shareholders. But companies can no longer fail to respond to the interests and concerns of a wider range of groups particularly with respect to those who may have a non-financial interest in the organisation. Stakeholder groups with a non-financial interest can thus generate for companies non financial objectives and place constraints on their operations to the extent that the company is prepared to respond to such groups.

Different stakeholder groupings are able to emerge. The following represents example of likely groups their non financial objectives and/or the constraints they may place on a business

1417_Responding to various stakeholder groups.png

Posted Date: 7/11/2013 8:26:10 AM | Location : United States







Related Discussions:- Responding to various stakeholder groups, Assignment Help, Ask Question on Responding to various stakeholder groups, Get Answer, Expert's Help, Responding to various stakeholder groups Discussions

Write discussion on Responding to various stakeholder groups
Your posts are moderated
Related Questions

Fully secret trusts This is where neither the existence nor the terms of the trust are disclosed in the will. The trust will be enforced only if the following conditions are

Q. Define Return on capital employed? Return on capital employed (ROCE) is as well called accounting rate of return. Distinctly IRR ROCE uses average annual accounting profit b

Following are Nintendo's revenue and expense accounts for a recent calendar year. Net sales ¥2,008,622 Cost of sales 1,864,981 Advertising expense 118,908 Other expense, net 397

INCOME ACCOUNT (a) Classification : Income will be classified under appropriate headings: Rents; Interest on Government securities; Dividends; Interest on

Mason Co. issued $860,000 of 5 year, 13% with interest payable semiannually, at a market (efffective) interest rate of 12% Determine the present value of the bonds payable, using t

Answer both parts of this question. Each part is worth seven and a half marks each. (a) Describe the features of the Torrens Title system of land registration and compare them t

Errors in Financial Statements The following financial statements are available for Sherwood Real Estate Company: Balance Sheet Assets Liabilities Cash . . . . . . . . . . . . . .

The discount rate used must normally reflect the weighted average cost of equity and debt taking into account the systematic risk of the investment. A company's weighted average co

I would like you to take the second set of data from session 8 (the one you worked with in the first participation exercise) and do the following: 1.  Determine the number of gr