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This question is about stakeholder vs shareholder.

How do stakeholders affect your company?

By Zippia Team - Dec. 7, 2022

How a stakeholder affects your company is going to depend on what type of stakeholder they are. For instance, employees affect the company through their work. Their dedication or loyalty to the company can have an impact as well, especially in terms of whether or not they choose to stay or take their expertise elsewhere.

Suppliers or buyers can also have a large impact on a company by either altering their product or what they wish to buy or by changing a contract. If your company is reliant on buying or selling, having a regular buyer or seller is a must.

The general public can affect your company by protesting, boycotting, or lawsuits. Depending on public relations and what the company does, as well as the laws in the area, the public itself can have a major impact on profits and company image.

Lastly, shareholders are also stakeholders. They have the ability to vote on company decisions, sue if the company acts wrongfully, and sell their shares.

How do stakeholders affect your company?

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