As the shareholder only emphasizes the favorable outcome. If the request for the truthful reporting of research was not complied with, an ethical violation would have occurred.
Who are stakeholders?
- A stakeholder is a person. A party with an interest in a company and the capacity to influence or be impacted by it is referred to as a stakeholder.
- The principal stakeholders in a typical corporation are its investors, employees, clients, and suppliers.
- However, due to the increasing emphasis on corporate social responsibility, the concept has been expanded to include communities, governments, and trade associations. External stakeholders, on the other hand, might have a tangential effect on the business.
- Stakeholders can be internal or external to an organization. There are several reasons why stakeholders are important.
- They are important to internal stakeholders since the company's operations depend on their ability to work together to achieve the company's goals.
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