Chapter 2 Financial Information and Stakeholders Flashcards
1
Q
What is stewardship?
A
Stewardship is the accountability of management for the resources entrusted to it by the owners or the government
2
Q
Who are the internal stakeholders?
A
Management
Shareholders
Employees and trade union representatives
3
Q
Who are the external stakeholders?
A
Investors
Lenders
The public
Customers
Government agencies
Suppliers
