July 2020
Intermediate to advanced
10 pages
25m
English
Identify which stakeholders will create long-term value for shareholders — and avoid the value-destroying traps associated with others.
After many business leaders had committed decades to maximizing short-term shareholder returns, the Business Roundtable’s August 2019 Statement on the Purpose of a Corporation1 declaring that companies should serve the interests of all stakeholders — not just investors, but also customers, employees, partners, suppliers, and society at large — signaled a major shift. This change represents a key challenge, and not just for the nearly 200 CEOs of major companies who signed the Roundtable’s statement. ...
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