Answer:
Stakeholders can influence the corporation they own in a number of ways. One way is through exercising their voting rights as shareholders to elect directors who represent their interests on the board of the corporation. By electing directors who share their values and concerns, stakeholders can help shape the policies and decisions of the corporation.
Stakeholders can also influence the corporation through direct engagement with management and the board. They can provide feedback, raise concerns, and offer suggestions for improvement through channels such as shareholder meetings, corporate social responsibility reports, and direct communication with management.
In addition, stakeholders can use their purchasing power to influence corporations by choosing to buy from companies that align with their values and avoiding those that do not. They can also advocate for policy changes and regulations that promote social and environmental responsibility among corporations.
Overall, stakeholders have the potential to influence corporations in significant ways, and it is important for corporations to listen to and engage with their stakeholders in order to build long-term value and sustainability.
Step-by-step explanation: