Stakeholder Capitalism Isn’t Working as Planned
Virginia Postrel has it right as always, and this calls for a proper scientific study of how the extent of shareholder values that a company strives for versus stakeholder values effects shareholder return. somehow this study will not be undertaken at Harvard.
Stakeholder Capitalism Isn’t Working as Planned
It’s a prescription for culture wars, political backlash, managerial paralysis and human-resources nightmares. And it’s anything but nice.