2.4. Who are Stakeholders?
A very common way of differentiating the different kinds of stakeholders is to
consider groups of people who have classifiable relationships with the organization.
Friedman (2006) means that there is a clear relationship between definitions of what
stakeholders and identification of who are the stakeholders. The main groups of
stakeholders are:
• Customers
• Employees
• Local communities
• Suppliers and distributors
• Shareholders
In addition other groups and individuals are considered to be stakeholders in the
literature of Friedman (2006):