Capitalism

Governance Watch - Issue 70

Governance Watch - Issue 70

Stakeholder Governance, Stakeholder Capitalism

On the anniversary of the historic statement on the purpose of a corporation from the Business Round Table, a group of 181 CEOs in the United Sates there has been an update, and also a flurry of loud debate around stakeholder governance and stakeholder capitalism. The number of CEOs signing up to the statement has grown to 200 over the last year, expanding its reach potentially to embrace thousands more of working lives. Only now the world is also in the middle of an economically crippling pandemic.