Reword to sound better: The duty requires directors to consider what is in the best interests of shareholders/members, as a whole. However, the law does not assume that shareholder/member interests are best served by having no regard to other stakeholders, particularly over the longer-term. Rather, employees, customers, suppliers, creditors, Traditional Owners, the environment and broader community are legitimate concerns of company directors, tied back to the long-term interests of the company, including its interest in avoiding reputational harm. 5 Equally, this does not mean that there is a duty owed specifically to stakeholders, as distinct from the company.