Corporate managers are expected to make corporate decisions that are in the best interest of stakeholders.
What are stakeholders?
- A stakeholder is either an individual, group or organization that’s impacted by the outcome of a project or a business venture.
- Stakeholders have an interest in the success of the project and can be within or outside the organization that’s sponsoring the project. Stakeholders are important because they can have a positive or negative influence on the project with their decisions. There are also critical or key stakeholders, whose support is needed for the project to exist.
- A stakeholder is a person, like any other member of the project, and some are easier to manage than others.
To learn more about shareholder, refer: https://brainly.com/question/4404879
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