Stakeholder Meaning: Definition, Examples, and Translations
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stakeholder
[หsteษชkหhoสldษr ]
Definition
business
A person or group with a direct interest in the success of an organization, project, or system, typically including employees, customers, suppliers, shareholders, and the community.
Synonyms
investor, participant, shareholder.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| stakeholder |
Refers to anyone who has an interest or stake in a project, business, or organization. This can include employees, suppliers, customers, and the community.
|
| investor |
Used for individuals or entities that allocate capital to a business with the expectation of receiving financial returns. Commonly mentioned in business and finance settings.
|
| participant |
Typically refers to anyone involved in an activity or event, such as a meeting, competition, or study. It does not necessarily imply financial involvement.
|
| shareholder |
Specifically denotes individuals or entities that own shares in a company. They have certain rights, such as voting on corporate matters and receiving dividends.
|
Examples of usage
- Stakeholders in the project will be consulted before any major decisions are made.
- The company aims to balance the interests of all stakeholders.
- It is important to consider the needs of stakeholders when planning a new initiative.
Translations
To see the translation, please select a language from the options available.
Origin of 'stakeholder'
The term 'stakeholder' originated in the world of business and management in the 1960s. It was first used to describe those individuals or groups who have a 'stake' or interest in the success of a particular organization or project. Over time, the concept of stakeholders has expanded to include a wide range of people who can be affected by or affect the decisions and actions of a business or organization. Today, the idea of stakeholders is widely accepted as a key aspect of corporate governance and social responsibility.