While recognising that other parties are interested in a business, its activities and its performance, stakeholder theory prioritises shareholders' interests above those of other stakeholders.

Question

Quizplus · Accepted Answer

Stakeholder theory emphasizes the importance of all stakeholders in a company, not just shareholders, advocating for the interests and well-being of all parties affected by the company's actions, including employees, customers, suppliers, and the community, to be considered and balanced.

While Recognising That Other Parties Are Interested in a Business