In terms of governance – differentiate between private and public sector stakeholders
Expert Answer
For private sector, the stakeholders are mainly investors. The aim in this is profit maximization and higher returns. They have greater degree of impact on governance in regard to policy making, new product launch, investment decisions etc. The stakeholders get involved in corporate governance so as to give them direction for action. It influences the way work is performed.
For public sector, stakeholders are mainly common people, media etc.. They do not have direct say on working of the firm. The objective of stakeholder is general
OR
PayPal Gateway not configured
OR
PayPal Gateway not configured