The Concept Stakeholder Expectations Examples STATES that each stakeholder or stakeholder group has different expectations from a company. They expect to benefit from their association with the company and the benefits they expect are different.
Stakeholders
According to ‘Traditional View of Corporate Governance‘ these are:
- Shareholders;
- Directors;
- Senior Managers;
- Employee(s);
- Customers;
- Suppliers;
- Communities; AND
- The General Public and Government.
Stakeholder Expectations Examples – Explained
| Expectations | |
|---|---|
| 1. Shareholders | (a) Share Price Growth (b) Stable Dividends (c) Return on Investments (ROI) (d) Possibly Also an Expectation of being Consulted by the Board (BOD) on Major Issues |
| 2. Directors | (a) Personal Advancement – Remuneration, Status |
| 3. Senior Managers | (a) Personal Advancement – Remuneration, Status (b) Possibly a Belief that they Should have the Power to Make Key Strategic Decisions |
| 4. Employees | (a) Fair Pay (b) Job Security (c) Career Progress (d) Good Working Conditions |
| 5. Customers | (a) Quality Goods or Services |
| 6. Suppliers | (a) Good Business Relationship (b) Achieving Improvements in the Value Network |
| 7. Communities | (a) Employment (b) Economic Prosperity |
| 8. The General Public and Government | (a) Concern for the Environment (Via Reduction in Pollution) (b) Environment-Friendly Ways of Operating |
Chartered Accountant (Institute of Chartered Accountants of Pakistan)
Bachelor of Accounting Honours (Asia e University, Malaysia)