Explain the term stakeholder. Distinguish between stakeholders with a direct versus an indirect interest in the companies

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Explain the term stakeholder. Distinguish between stakeholders with a direct versus an indirect interest in the companies that issue accounting reports.

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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