So they sued. They argued that a 2004 Supreme Court precedent meant the BCE directors had a fiduciary duty to consider the interests of all stakeholders, not just shareholders, in the transaction.

A stark difference between them is their focus. Shareholders are grossly interested in stock price appreciation, while stakeholders scrutinize the performance of the company.

Non-shareholder owners of a business are stakeholders, for example, even if the business has not distributed formal shares. This includes members of a partnership or an LLC, or the individual ...

Determining the impact on stakeholders other than shareholders requires all members of the board to draw on their experience. This is where board diversity plays an important role.

Many people have a vested interest in the success of a company. If you own a portion of it, you want it to succeed because then you get a cut of the profits. Folk like that are called “shareholders.” ...

Stakeholders trump shareholders ALLAN HUTCHINSON Special to The Globe and Mail Published March 3, 2005 ...