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Provide me with a well detailed answer. Kindly do not copy and paste. Support with examples...

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Finance

Provide me with a well detailed answer. Kindly do not copy andpaste. Support with examples (real life example if possible)

Why must companies focus on the interest of other stakeholdersapart from shareholder?

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Definition of Stakeholders A individual or NonIndividual with an interest or concern in the company are called Stakeholders of the Company These are the people who are affected by the actions of the business The stakeholders of a company are 1 Board of directors 2 Managers 3 Employees 4 Shareholders 5 Government 6 Creditors 7 Suppliers 8 Customers The business can not run with only shareholders the success of a business depends on the satisfaction of the stakeholders and if their interests are protected Now let us understand the necessity of focusing on the interests of other    See Answer
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