Stakeholder theory – The basic premise of stakeholder theory is that the stronger your relationships are with other external parties, the easier it will be to meet your corporate business objectives. 21. The crucial part for any organisation would be to identify all stakeholders, their needs and prioritise these needs.
These conventional anchors of BIS Review 47/1997  -4-  monetary policy also increased at unacceptably high rates over the past two years, partly because of structural changes, and partly because of normal pressures of demand increasing at a rate in excess of real income increases. For both the Reserve Bank and the individual banking institution the changing environment brings many challenges.