Individuals or groups outside the business who have an interest in its performance or decisions. These include investors, customers, suppliers, lenders, regulators, and the public. Unlike internal stakeholders, they’re not involved in daily operations but are affected by the company’s financial and strategic outcomes.
An endowment fund consists of donations or capital set aside to generate ongoing income for a specific purpose commonly used…
The entity concept states that a business must be treated as a separate economic unit from its owners or stakeholders.…
Economic Value Added measures how much value a business generates beyond the cost of its capital. It is calculated as…
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