Maximizing shareholder value is a political and moral choice — not a law of physics. AI is forcing us to reckon with that.
The virtue economy, the only bubble I have ever called, has now completely burst. Many companies are cutting their DEI programs, flows into ESG funds in the US have fallen, and companies are being ...
To make the shift, it’s crucial to appoint corporate boards that embrace the change—and that’s not always happening, this management consultant says. Recently, I attended a presentation sponsored by a ...
Debate over this culminated in the stakeholder capitalism notion pronounced by the Business Roundtable and signed onto by almost 200 public company CEOs shortly before the pandemic, which rejected the ...
Forbes contributors publish independent expert analyses and insights. Peter Georgescu is chairman emeritus of Y & R advertising. What would you assume about the values of a law firm that describes ...
For BlackRock, shareholder democracy is the surprising new way to commit to stakeholder capitalism. The world’s largest asset manager, led by CEO Larry Fink, is a proponent of stakeholder capitalism ...
EXCLUSIVE: An Ohio-based asset management company announced Thursday it will offer a new 401(k) retirement plan for medium and small businesses that will focus purely on maximizing shareholder profits ...
It is the season of annual shareholder meetings for giant corporations when CEOs go through the motions of elections for their Board of Directors and approval of other resolutions. People who own ...
STRV is a passively managed ETF holding 500 of the largest U.S. stocks and has a similar composition as S&P 500 ETFs. The difference is that Strive Asset Management advocates for shareholder and ...
Two terms in the finance industry commonly believed to be synonymous are “stakeholder” and “shareholder.” The similarity between the two words is understandable — both refer to people or groups who ...
Unilever has “lost the plot” – so says Terry Smith, the founder of Fundsmith. Smith is not exactly known for pulling his punches (The Times describes him this week as “famously pugnacious”), but he ...