Stakeholder Capitalism

  • Texas Sues Facebook over Biometric Data Collection

    February 16, 2022

    The Texas attorney general's office has sued Meta's Facebook, alleging that FB violated state privacy law by collecting biometric data of millions of Texans without their consent.

  • Commentary: BlackRock CEO Larry Fink’s Woke Capitalism Crusade Runs into Resistance

    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.

  • Darwall: Woke Capital Won’t Save the Planet

    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 ».

  • Veldhuis and Clemens: Stakeholder Capitalism and ESG’s Road to Socialism

    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.

  • Bebchuk and Tallarita: The Illusory Promise of Stakeholder Governance

    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.

  • U.S. Regulator Proposes Climate Risk Guidance for Banks

    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.

  • France Rebukes U.S. AI Company for Privacy Breaches

    December 22, 2021

    Clearview AI has been ordered by French data privacy watchdog CNIL to stop collecting and using data from people based in France, an accusation that the U.S. based facial recognition company denies.

  • Reuters: Documents show Amazon’s Attacks on Americans' Privacy

    November 23, 2021

    As states throughout the U.S. attempt to give consumers increased control over their collected data, confidential documents reviewed by Reuters reveal that Amazon.com, Inc has collected a huge amount of sensitive personal information on its customers.

  • Apple Holds Control over States' Digital ID Cards

    November 15, 2021

    According to CNBC, Apple's digital ID card requires tight control for the governments that use them, requiring not only running the platforms, but also hiring managers to handle Apple's requests.

  • WallStreetWindow.com: The Problem with “Stakeholder Capitalism”

    November 10, 2021

    Frank Shostak explores the background and results of Klaus Schwab’s « Stakeholder Capitalism », including current and potential problems stemming from its implementation.

Total Records: 513
More News  1  2  3  4  5  >  >> 
 

Weekly Update

Syndicate our content