Mr. Mendelow

Good Evening So, this scenario states: 20% shares held by institutional investors 20% by employees and pensioners of the company 30% by the family who founded the company rest is public - the board is majority family members who are very active in day to day management - a trade union rep works for the company and sits on the local council - factory area is surrounded by expensive houses with affluent residents - these residents have complained to the local council for smells coming from the factory due to a new and profitable widget - in the area of the factory, the co is a large business and there are very few other businesses in the area Q: analyze the principal stakeholders within the context 15 marks i wrote: Family - high power/high interest residents - low power/high interest trade union rep - high power/high interest institutional investors: hi power because they can disinvest if company gets a bad reputation due to negative publicity/high interest local council - may get dragged into a power position if residents urge/hi interest --------------------------- the answer had: trade union rep - hi power/hi interest affluent residents - low power/hi interest other residents institutional investors - lo power/hi interest customers - potential hi power/lo interest ------------------------------------------------------------ my question: 1. why is the family NOT a principal stakeholder? 2. why are institutional investors low power? 3. why is the local council not a principal stakeholder? 4. hi/lo interest: what is interest? is it the level of involvement? please explain. thank u!!!