Purchase Solution

Financial reports important to stakeholders

Not what you're looking for?

Ask Custom Question

Who are the various stakeholders in a publicly traded corporation, and why is communication of financial reports important to them?

What is the impact on various stakeholders if financial reports are not communicated on a timely basis?

The solution has only Book reference.

Purchase this Solution

Solution Summary

This discusses the financial reports important to stakeholders

Solution Preview

Stakeholders are those parties who are interested in the organization. They make up the environment of an organization. They include all the stakeholders; within their "family" of employees, customers, vendors, with communities, governments, lenders, investors, and the media. Stakeholders want organizations to pursue goals that are important to them but not necessarily to the organization--such as jobs for workers, safe products, less pollution, and a safe community. Thus they attempt to influence the missions and goals of these organizations.

Thus the shareholder value is just one of the concerns for the corporate management. The interest of the other stakeholders has to be considered independently to be in win-win situation. Some of the stakeholders are:

Employees
Share holders
Customers
Non ...

Purchase this Solution


Free BrainMass Quizzes
Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Operations Management

This quiz tests a student's knowledge about Operations Management

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.