April 11, 2022
In an article published by the World Economic Forum (WEF), Accenture consultants lecture about “Human Dignity” and “Tangible Empathy” elements of Stakeholder Capitalism as companies increasingly adopt mandatory policies.
April 06, 2022
Scott Shepard writing for RealClearMarkets.com, explores how “stakeholder capitalism” is neither pursued for the benefit of stakeholders nor is it any kind of capitalism at all.
March 29, 2022
Despite Capitalism increasingly gaining a negative connotation, Dr Rainer Zitelmann argues that Capitalism is worth defending, attributing the decrease of extreme poverty around the world to below 10% to a capitalist system.
March 08, 2022
During Apple’s annual shareholder meeting, shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements.
February 21, 2022
Connor Tomlinson writing for Townhall.com explores the current transformation of the business world due to the implementation of Stakeholder Capitalism and how World Economic Forum founder Klaus Schwab imposes his vision on to free-market exchange.
February 08, 2022
Andy Puzder and Stephen R. Soukup describe BlackRock CEO Larry Fink’s Woke capitalism crusade and retreat as his push for Environmental, Social and Governance (ESG) investment criteria and “stakeholder capitalism” were met with intense resistance from many including shareholder activists, U.S. senators, state treasurers, legislators, governors, as well as the former director of “sustainable investing” for BlackRock itself.
February 02, 2022
Rupert Darwall writing for RealClearenergy.org, explores how woke capitalism may have reached in pinnacle, referring to a letter by BlackRock CEO’s Larry Fink who states in a recent letter that stakeholder capitalism is not “woke,” because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders, a shift from 2019 when he wrote his « profit and purpose letter ».
January 25, 2022
Niels Veldhuis and Jason Clemens writing in the Financial Post argue that the trends of ESG (environment, social, governance) and stakeholder capitalism movements diminish economic freedom and push towards a new brand of socialism.
Cornell Law Review
January 19, 2022
Lucian A. Bebchuk and Roberto Tallarita, writing in the Cornell Law Review, address the growing concerns of the effects of stakeholder capitalism on corporations, assessing it as an inadequate approach to addressing stakeholder concerns.
December 22, 2021
The Office of the Comptroller of the Currency (OCC) has proposed draft supervisory guidance for large U.S. banks to integrate climate financial risk assessments into every aspect of their work including from how climate change affects board room governance, to the banks ability to service poorer communities.