Public companies have to satisfy the conflicting demands of a range of stakeholder groups (see below), not least their shareholders, who expect the organisation to operate in their interest. On the...

Public companies have to satisfy the conflicting demands of a range of stakeholder groups (see below), not least their shareholders, who expect the organisation to operate in their interest. On the whole, individual shareholders are usually relatively quiescent, leaving the strategic and day to day decisions to the organisation’s directors and senior executives.