Responding to various stakeholder groups, Financial Accounting

Assignment Help:

Q. Responding to various stakeholder groups?

If a company has a solitary objective in terms of maximising profitability then it is only responding to one stakeholder group namely shareholders. But companies can no longer fail to respond to the interests and concerns of a wider range of groups particularly with respect to those who may have a non-financial interest in the organisation. Stakeholder groups with a non-financial interest can thus generate for companies non financial objectives and place constraints on their operations to the extent that the company is prepared to respond to such groups.

Different stakeholder groupings are able to emerge. The following represents example of likely groups their non financial objectives and/or the constraints they may place on a business

1417_Responding to various stakeholder groups.png


Related Discussions:- Responding to various stakeholder groups

Case law & study, I need help with a mini accounting project. Here is a lin...

I need help with a mini accounting project. Here is a link to the questions I need answers to. Read the questions and instructions and if you think you can complete the case within

Which of the following statements is true, Richard Company had 102,000 shar...

Richard Company had 102,000 shares of $5 par value common stock issued and outstanding before repurchasing 10,200 shares for $76,500. Richard had received $2,040,000 cash from shar

What is the interest receivable and interest revenue, Journalize the entrie...

Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January. Date Face Amount Term Interest Rate 5. Nov. 15 $54,000 60days 6% 6. Dec. 27 $40,500

Evaluate break-even production units, Q. Evaluate Break-Even Production uni...

Q. Evaluate Break-Even Production units? R.S. Manufacturing Ltd. Budgets production of 3,00,000 units at cost of Rs.10 each. The Fixed costs are Rs.20, 00,000. The selling pric

How to determine the financial reports of businesses, How to Determine the ...

How to Determine the financial reports of businesses In response to criticisms that financial reports of some businesses aren't clear enough to users, accounting rule makers ha

What is financial risk when company experiencing changes, Financial risk is...

Financial risk is the likelihood of a company experiencing changes in the level of its distributable earnings as a result of the need to make interest payments on debt finance or p

Correction of errors, How to treat them both which affect the trial balance...

How to treat them both which affect the trial balance and which dont affect the trial balance

Prepare a surprise county construction fund balance sheet, During FY 2014, ...

During FY 2014, the voters of Surprise County approved construction of a $21 million police facility and an $11 million fire station to accommodate the county's population growth.

Prepare a post-closing trial balance, Ocean Atlantic Co. is a merchandising...

Ocean Atlantic Co. is a merchandising business. the account balances for Ocean Atlantic co. as of July 1, 2012 (unless otherwise indicated), are as follows: 110 Cash 63,600 1

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd