Stakeholder Capitalism

WEF Announces Support for Stakeholder Capitalism

September 22, 2021

The World Economic Forum has announced the continued growth of the coalition of companies supporting the Stakeholder Capitalism Metrics Initiative.
White & Case: The Rise of Stakeholder Capitalism

September 14, 2021

Jessica Lynd and Walter Spak of White & Case have published on JDSupra.com an overview of the transition from Milton Friedman's "shareholder primacy" doctrine to the recent movement that shifts corporate focus from "shareholder primacy" to stakeholder capitalism, whose goal, according to the World Economic Forum, is to seek long-term value creation by taking into account the needs of all their stakeholders, and society at large.
Edmans: Two Years Later, Has the Business Roundtable Statement Transformed Capitalism?

September 08, 2021

Alex Edmans, a Professor of Finance at London Business School and Academic Director of the Centre for Corporate Governance explores the impact on capitalism of the Business Roundtable Statement two years after it was redefined and put in place.
Pioneer Professor of Stakeholder Capitalism Theory says there is « No Going Back »

August 25, 2021

R. Edward Freeman, professor at the University of Virginia’s Darden School of Business and pioneer of the theory of Stakeholder Capitalism explores, in an interview with justcapital.com, the history of the theory, current debate, and his opinion that now that the discussion is mainstream, there is no going back.
WEF Promotes its “Global Framework To Regulate Harm Online”

July 07, 2021

As the global debate continues about what content the more than 4.7 billion internet users should be able to create, see, and share online, the World Economic Forum (WEF) has published a new report, Advancing Digital Safety: A Framework to Align Global Action
Reuters: 130 Countries Back Global Minimum Corporate Tax of 15%

July 05, 2021

At the recent talks held by Paris-based Organisation for Economic Cooperation and Development the majority of the countries, with the exception nine countries including Hungary, Estonia, and Ireland, negotiated a global overhaul of cross-border taxation of multinationals backing new rules where companies are taxed a tax rate of at least 15%.
Kotkin: The Rise of Corporate-State Tyranny

June 22, 2021

Joel Kotkin, writing for The Claremont Institute, explores how, as property and power further consolidate in the U.S., “diffusion of power” erodes and autocracy develops, creating a new alliance between large corporate powers, Wall Street, the government and media.
Alphabet Pressured from Shareholders on Human Rights

June 07, 2021

Google's parent company Alphabet faced several complaints at its annual meeting from shareholders who attacked the tech giant over its lack of efforts combating misinformation, establishing whistleblower protections and human rights.
Exxon Loses Board Seats to Activist Hedge Fund

May 27, 2021

In a show of stakeholder capitalism, small hedge fund Engine No. 1 has dealt a surprise blow to Exxon Mobil Corp, unseating at least two board members in a bid to force the company to adjust its business strategy to match global efforts to combat climate change.
Cityam.com: Can Companies Balance the Needs of all Stakeholders?

May 26, 2021

Emma Stevenson writing in Cityam.com digs into the pros and cons of stakeholder capitalism and interviews three investment experts on their insights and real-life examples of how investors can influence a company’s treatment of its stakeholders.