1st February 2021
A new book claiming that ‘stakeholder capitalism’ can create a more inclusive, sustainable and resilient global economy has won praise from government leaders and NGOs – as well as bosses of some of the world’s most influential companies.
It describes stakeholder capitalism as a form of capitalism in which companies not only optimise short-term profits for shareholders, but also seek long-term value creation, by taking into account the needs of all their stakeholders and wider society.
The book was released last week with advance praise from the CEOs of Microsoft, Salesforce, Tata Sons, Grupo Santander and Bank of America.
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