Stakeholding
Stakeholding refers to the ownership interest or share held by an individual or entity in a business, project, or investment, which grants them certain rights and responsibilities. Stakeholders often have a vested interest in the success or failure of the entity or initiative and may be involved in decision-making processes. stakeholding can encompass a range of individuals or groups, including investors, employees, customers, and community members who are affected by the outcomes of a venture or company.
Stakeholding meaning with examples
- In the context of corporate governance, effective stakeholding means ensuring that shareholders, employees, and customers all have a voice in decision-making processes to foster trust and transparency within the organization.
- The new project at the community center emphasized active stakeholding from residents, allowing them to express their needs and contribute ideas for programs that would directly benefit the neighborhood.
- During the merger negotiations, both companies recognized the importance of stakeholding, involving key employees to mitigate potential fallout and garner support across all levels of both organizations.
- The environmental group focused on responsible stakeholding in the region, advocating for local communities to have a significant role in decisions that impact their natural resources and overall quality of life.
- Through public forums and online surveys, the city council aimed to promote stakeholding among citizens, ensuring that diverse perspectives were considered in urban development plans.