Many corporations are shifting from defined benefit to defined contribution retirement programs.When considering changes to retirement programs,the primary stakeholders are the

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When considering changes to retirement programs, the primary stakeholders are the employees as they are the ones who will be directly affected by any changes to their retirement benefits. Shareholders may also have an interest in the financial impact of changes to retirement programs, but their primary concern is typically the company's profitability. Customers and marketing managers are generally not impacted by retirement program changes, and competition is not a stakeholder in retirement program decisions.

Many Corporations Are Shifting from Defined Benefit to Defined Contribution