stakeholders
- Created by: naomicsuter
- Created on: 29-03-16 11:23
View mindmap
- Why are different stakeholders interested in financial statements?
- shareholders / owners
- return on their investment
- to see if they’re profitable and are going to stay profitable
- may sell shares: share price goes down: devalues business
- managers / employees
- job security, promotion, bonuses, pay rise
- expansion / reduction
- concerned about their jobs
- lenders
- if a business owes money to other lenders
- profit and loss: might not be able to pay them back
- customers
- contract / service agreements will be honoured
- going to be around in the future
- government
- employment, generates more tax
- keep uk economy strong: exporting goods
- expansion = more employment
- suppliers
- level of creditors
- they’ll be paid for goods that they’ve supplied
- business will make more orders in the future
- shareholders / owners
Comments
No comments have yet been made