But who exactly benefits from that value? Two key concepts offer contrasting perspectives: shareholder concept and stakeholder concept.
Posts tagged as “stakeholders”
Each stakeholder group will want to know different information about a business, therefore will analyze Final Accounts differently.
Ratio Analysis is a quantitative management tool used for analyzing the financial performance of a business organization.
Profit and Loss Account (P&L Account) is a Final Account that records Sales Revenue, all costs and profits or losses of the business.
Being professional as an accountant is important to prevent illegal practices, maintain a positive brand image and impeccable reputation.
Very brief definitions of costs, price and value. Knowledgeable business managers should be familiar with differences between costs, price and value.
As different stakeholder groups have varying interests in a business, it is likely that conflict will arise.
Stakeholders are the people interested in the business. You are a stakeholder, if you buy goods and/or use services from that business.
Different businesses will have completely different corporate objectives from one another. Let’s look at factors that determine corporate objectives.
Public limited companies maximize shareholder value in two ways – by increasing the company share price and dividends paid to shareholders.
The business aim is the general and long-term goal of an organization, the central core purpose of its business activity.
What is meant by business activity? Business activity is the process of producing goods and providing services to satisfy consumer demand.
In Business Organization and Business Environment an overview of business management, both as a topic of study and as a professional practice will be provided.