STAKEHOLDERS THEORY- HOW THEY INFLUENCE THE BUSINESS POLICY

Abstract

Any business is composed of certain activities and segments deriving investment and revenue from various resources and avenues respectively. The prime sources for the business unit are its stakeholders which taken together form stakeholder influence on the business in one way or the other. This paper tried to focus on the stakeholder theory and the influential power of the stakeholders to have an impact on the business policy of any business house. The paper has reviewed and analysed every possible stakeholder and their interest in the business. Paper concludes the degree and impact of the stakeholders influence.