Concern with the way in which companies are directed and controlled. This term has also become concerned with the wider issue of improving shareholders' investment, in other words, performance improvement, and stakeholder arguments focusing on whose interests a company should take into account. Stakeholders may include not just shareholders but also employees, customers, suppliers, investors and the community at large.
Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.