Rethinking productivity and the pushback to shareholder capitalism
Future Tense
00:00
Shareholder Primacy vs Stakeholder Capitalism
The chapter delves into the contrast between shareholder primacy and stakeholder capitalism, explaining how stakeholder capitalism considers a broader set of stakeholders beyond just shareholders when making business decisions. It discusses the growing shift towards stakeholder capitalism driven by consumer demand and investor preference for companies focusing on ESG factors, emphasizing the importance of balancing profit generation with sustainable practices for long-term success.
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