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Purposeful Capitalism: STAKEHOLDER POWER ASCENDS, BUT NOT WITHOUT TENSION.
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- Author(s): Warner, Judy
- Source:
NACD Directorship. Jan/Feb2021, Vol. 47 Issue 1, p28-31. 4p.
- Subject Terms:
- Additional Information
- Abstract:
The article informs that intellectual firepower for the idea that a public company's only social responsibility was to increase its profits, the catalytic text for the new era of purposeful capitalism. Topics include failure of government to provide long-term solutions with number of constituencies to look to corporations to deliver financial performance; and positive contribution to society, benefiting customers and communities as well as shareholders.
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