Stakeholders are defined as party or corporation holding some interest in the company. The stakeholders may impact or get impacted with the corporate procedures, goals and policies. The stakeholders of any company are the investors, employees, clients and suppliers. The expectations of stakeholders may sometimes be different and conflict with each other. The company is responsible for setting balance between its own interest and the interest of stakeholders.
Internal stakeholders are groups inside the business corporation such as shareholders, directors and employees.
External client public: groups outside the corporation such as suppliers and clients.