Megaworld recognizes that engaging closely with stakeholders is crucial for ensuring long-term

growth. To achieve this, the company undertakes a range of initiatives aimed at better
understanding and addressing any issues and concerns, gathering feedback on the effectiveness
of its solutions. (Megaworld Corporation, n.d).
Internal Stakeholders:
1. Board of Directors
Interests: Corporate governance which directs and controls a company both
internally and externally.
Influence: Responsible for overseeing the governance of the company. As the
brain of the company, making important decisions and providing direction is
important (Jiang, 2022).

2. Management
Interests: Preventing corruption, particularly within the real estate development
and investment property management industry. Such corruption could lead to a
loss of trust among current investors and shareholders, distort markets, stifle
competition, and increase costs for firms.
Influence: Responsible for directing the overall strategy and development of the
organization. Having their support can make it easier to recruit the most skilled
staff for the project and obtain the necessary resources.

3. Talent Acquisition
Interests: Being valued as companies’ valuable assets and being provided with
welfare to ensure optimum performance.
Influence: Providing training and development is crucial for retaining employees
and improving their skills. This enhances employee competency, spirit, and
resilience, enabling them to overcome any challenges they may face

4. Employees
Interests: To have an inclusive work environment that will benefit the workforce
and needs support for growth and development.
Influence: Having such inclusivity, and good performance of employees
translates to improved business performance, longevity, and sustainability.

5. Shareholders
Interests: Good governance, and wants company initiatives such as programs that
promote accountability, transparency, and ethical behavior in achieving goals
(Courteau et al., 2017).
Influence: Serves as financial support of an organization by purchasing shares in
the company.
External Stakeholders:

1. Customers
Interests: Developments must follow the standards, rules, and regulations in
design, construction, and operations.
Influence: Key to the success of the organization, because of their wants,
Megaworld explored new opportunities to provide clients with innovative
solutions to their evolving needs.

2. Suppliers, Contractors and Joint Ventures

Interests: Having continuity in securing projects under the corporation and timely
payment of milestone billings.
Influence: Good partnerships with accredited suppliers, contractors, and joint
ventures enable the smooth production of projects therefore customer satisfaction
is met. (Midor, 2019).

3. Creditors
Interests: Transparent communication on key matters such as progress, financial
health, and potential industry.
Influence: The Company recognizes and upholds the pivotal role creditors play in
its operations, ensuring financial integrity beyond project success.

4. Government
Interests: Economic development, revenue, and geographical diversification for
the company’s work-play-learn developments.
Influence: Government policies impact businesses through tax and regulation
changes, affecting their bottom line, products, and services (Sharma, 2023).

5. Community
Interests: Creating inclusive growth by having equal access to relevant resources
and opportunities to promote shared prosperity and social harmony
Influence: This strength generates value for the companies it operates in. It also
spurs economic growth by creating job opportunities and new markets, benefiting
nearby communities.

References:
Courteau, L., Di Pietra, Roberto, Giudici, P., & Melis, A. (2017). The role and effect of

controlling shareholders in corporate governance. Journal of Management &

Governance, 21(3), 561–572. https://doi.org/10.1007/s1099701693651

Jiang, X. (2022). A Study of the Role of the Board of Directors in Corporate Governance

Based on UK Listed Companies. Proceedings of Business and Economic Studies, 5,

47–50. https://doi.org/10.26689/pbes.v5i6.4424

Megaworld Corporation | Company. (n.d.). www.megaworldcorp.com.

https://www.megaworldcorp.com/company

Midor, K. (2019). Suppliers and their role in modern enterprise – Case study. New

Trends in Production Engineering, 2, 604–612.

https://doi.org/10.2478/ntpe20190066

Sharma, C. (2023, January 27). How does Government Policy Affect Companies? Maqro.

https://www.maqro.com.au/blog/stimulus/how-does-government-policy-

affect-companies-/