Should organisations operate in the interest of shareholders or the stakeholders?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Should organisations operate in the interest of shareholders or the stakeholders?

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Stakeholder means those person who use and study the financial statement and make the appropriate decision regarding the future course of actionswhere as share holder means the person who are the actual owner of the company and hold share in his or her name.

 

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