Tag: corporate purpose
Government bail-outs indicate ‘shift in mindset’ towards societal purpose
Denmark is leading a trend to impose restrictions on bail-outs, favouring business models that focus on stakeholders rather than shareholders.
What every business can do to help during this crisis
The Covid-19 pandemic does not render us completely helpless. Large corporations, small businesses and communities can work together to build a sustainable future.
Business ‘will fundamentally change’ as result of Covid-19 crisis
Professor Colin Mayer says business is experiencing an “existential crisis”—and firms that can define their purpose will come out on top.
No more business as usual: Professor Colin Mayer, Saïd Business School
The British Academy fellow on how business purpose has moved from the slipstream to the mainstream—and how firms with defined values are best placed to survive the current pandemic.
What’s in your hand? How businesses can create social value
Companies are creating social value during the coronavirus crisis by thinking innovatively about what they can offer—and who could benefit.
Stakeholder accountability at risk from the Covid-19 crisis
The current crisis is putting the concept of stakeholder accountability under strain. But experts warn that businesses will be judged on how they respond.
Company purpose and profit are not mutually exclusive
The view that a company may be either “profit-seeking” or “purposeful” is overly simplistic, with serious consequences for board accountability.
FRC governance report calls for ‘greater focus’ on culture and strategy
Watchdog warns that many firms are failing to fully consider the importance of purpose to culture and strategy, or take stakeholder views into account.
Five myths and five realities about the role of shareholders
There are many myths propagated by the populist debate over the purpose of the corporation in general, and the role of its shareholders in particular.
BlackRock challenged to provide details of stakeholder pledge
A campaign group has lodged a shareholder resolution demanding BlackRock reports on how it will shift its priorities from “shareholders” to “stakeholders”.