Stakeholder 16


Stakeholder 16 : Interested party; concerned party. A person, company, etc., with a concern or (especially financial) interest in ensuring the success of an organization, business, system, etc. [Oxford English Dictionary (OED) definition] The term stakeholder has disputed usages and is misleading and too all-encompassing (including, for example, the media) for clear use. In view of the potential for misunderstanding, use of the term is discouraged in favour of 'interested parties' or 'concerned parties', for example. 'Stakeholder' means an interested party - whether a person or a company, etc. - with an interest or concern in ensuring the success of an organization, business, system, etc. To 'have a stake in' something figuratively means to have something to gain or lose by, or to have an interest in, the turn of events. The term stakeholder is used in a broad sense to mean a person or group having an interest in the performance of an organization. Those who can influence events may effectively become interested parties - whether their 'interest' is regarded as 'genuine' or not - in the sense that their views need to be considered. Interested parties have typically included the following: customers, owners, operators, employees, suppliers, partners, trade unions, the regulated industry or professionals; scientific bodies; governmental agencies or regulators (local, regional and national) whose responsibilities may cover nuclear energy; the media; the public (individuals, community groups and interest groups); and other States, especially neighbouring States that have entered into agreements providing for an exchange of information concerning possible transboundary impacts, or States involved in the export or import of certain technologies or materials. The Handbook on Nuclear Law states that: "Owing to the differing views on who has a genuine interest in a particular nuclear related activity, no authoritative definition of stakeholder has yet been offered, and no definition is likely to be accepted by all parties. However, stakeholders have typically included the following: the regulated industry or professionals; scientific bodies; governmental agencies (local, regional and national) whose responsibilities arguably cover nuclear energy; the media; the public (individuals, community groups and interest groups); and other States (especially neighbouring States that have entered into agreements providing for an exchange of information concerning possible transboundary impacts, or States involved in the export or import of certain technologies or material)."
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