Stakeholder Capitalism

If we continue to see the private sector as our savior from climate catastrophe, we'll continue to fail.

We can draw important lessons from the UK’s varied experience

In this Chart of the Week, we analyze how companies with a high percentage of employees making a national living wage have performed over the trailing one year.

Understanding the Business Roundtable statement from August 2019.

In recent weeks, the managers, employees, and customers of a New England chain of supermarkets called “Market Basket” have joined together to oppose the board of director’s decision earlier in the year to oust the chain’s popular chief executive, Arthur T. Demoulas.

Stakeholder capitalism, a popular management theory in the 1950s and ‘60s that focused on the needs of all constituents, not just shareholders, has been poised to make a comeback since weaponized financial instruments brought down the economy in 2008. Now, spurred by the alarming climate crisis and increasing social challenges such as rising inequality, the movement is gathering additional steam. Increasingly, there’s a sense among business leaders that the prevailing ideology of putting shareholders above everyone else — which has reigned for the past 40 years — needs a serious update.

Stakeholder theory may be more conducive than shareholder theory to curbing company impropriety.

We look at perception across the three phases of the coronavirus crisis – the Response, the Reopening, and the Reset, to chart what a more just economy looks like at every step of the way.

The chief executives of more than 180 corporates have begun to lobby for other big businesses to stop maximising profits for shareholders at the expense of the environment or society.

Companies are trying to define a broader purpose for their business but the exercise is fraught with risks

'Rampant consumerism is not attractive'

Should shareholders come first? Or employees, customers, and society in general?

JUST Capital CEO Martin Whittaker says the Friedman Doctrine's time is up. He calls for a change in how companies are run and how success is defined.

A deliberate attempt to mislead people into thinking a company is greener than it really is; or a genuine attempt to clarify a business's true commitment to the environment?.

The Business Roundtable’s new letter could mark a turning point.

WASHINGTON – Business Roundtable today announced the release of a new Statement on the Purpose of a Corporation signed by…

The new agenda brand thinking encapsulates the role of the Financial Times as your trusted guide to the new normal.