IntroductionAlthough the primary goal of managers is to maximize shareholder wealth, in recent years many companies have begun to focus on the interests of other stakeholders. The company can prevent the harm transfer of stakeholders' wealth to shareholders when it focuses on the interests of stakeholders. In other words, “social responsibility” for companies is about maintaining relationships with stakeholders in order to provide long-term interests to shareholders. This way, conflicts, turnover and disputes between stakeholders can be minimized. Obviously, the company can achieve its primary objective through cooperation with stakeholders rather than through conflict with stakeholders (Smart, Megginson, Gitman, 2002). Stakeholders are the interests of an individual or groups directly or indirectly affected by the organization's activities, policies and objectives (Henry Frechette, 2010). Stakeholders can be divided into internal (managers and employees) and external (shareholders, customers and suppliers) (BPP F9). Different stakeholders may have common interests or interests that conflict with the company. The members of the board of directors or the management of the company must take care of the interests of the stakeholders. They cannot make the decision based on their own interest or relationship with other organizations. A conflict of interest will arise when the interests of the organization act in concert with the personal interests of managers or with the interests of another person or organization (Anon, no date). Management vs. Employees Every employee wants to maximize their salaries and benefits based on particular skills and rewards available in different occupations. Most employees also wish to continue their employment (ACCA F9). However, when sexual discrimination has occurred in a company, there is… half the paper… because it will affect the interests of shareholders if the company does not do its business well. This paper discussed the reasons why Wal-Mart is not doing well in the global market. The main reason Wal-Mart is currently facing is internal and external problems. Internal problems include conflicts between management and employees, while external problems are supplier and environmental conflicts. These conflicts may cause Wal-Mart shareholders to lose confidence in investing in their company and this will also affect the company's stock price. This will cause difficulty for Wal-Mart to fight its competitors in the global market and spread its business to a new market. To prevent these problems from arising, Wal-Mart should find some solutions to resolve the conflicts. So that Wal-Mart can maintain a good relationship with its stakeholders and shareholders rather than breaking their relationship.