Internal stakeholders: employees, management, owners/shareholders
Internal stakeholders work inside a business and use its accounting information for their own purposes. The three main groups are employees, management, and owners or shareholders.
Real World
When Sports Direct's warehouse workers raised concerns about pay in 2016, they were using financial awareness as employees — an internal stakeholder group — to assess whether the business was treating them fairly relative to its profits.
Exam Focus
Always distinguish internal from external stakeholders in your answer; conflating them loses marks even if the point itself is valid.
Essay Framework
Use PEEL to structure every paragraph. Tap each step for guidance and an example.
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