A stakeholder is best described as:
A)any person or entity owning shares of corporate stock.
B)any person or entity having voting rights based on stock ownership.
C)a person who founded a firm and currently controls that firm based on his/her current ownership of company stock.
D)a creditor to whom the firm currently owes money and who consequently has a claim on the cash flows of the firm.
E)any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of a firm.

Question

Quizplus · Accepted Answer

A stakeholder is any person or entity, other than a stockholder or creditor, who potentially has a claim on the cash flows of a firm. This can include employees, customers, suppliers, and the community in which the firm operates.

A Stakeholder Is Best Described As