8 January, 2021
CEO pay incentives reflect board priorities—and its still shareholder returns
Board Agenda readers will have noticed the growing criticism in recent times of the doctrine of shareholder primacy, and the promotion of alternative philosophies based on concepts such as "p...
7 August, 2020
Stakeholderism: study finds evidence in short supply
Have companies become more focused on stakeholders and toned down their attention to the interests of shareholders? Many argue there has been a shift but Harvard academics say they have evidence that ...
3 July, 2020
What’s a company for? An answer from Ancient Greece
The now venerable management scholar Charles Handy asked “What’s a Business For?” in an article published in Harvard Business Review in 2002. Charles Handy has often been ahead of the t...
20 April, 2020
Will Covid-19 accelerate the shift towards stakeholder governance?
Prior to the last financial crisis, the shareholder primacy model of corporate governance was unchallenged. Companies were run solely to the benefit of shareholders, with share price performance being...
28 August, 2019
Debate over ‘shareholder’ or ‘stakeholder’ primacy goes global
It takes a Nobel prize-winning economist to make the obvious comment. Writing on the US Business Roundtable’s decision to switch from backing “shareholder” primacy to a “stakeholder” model a...
16 January, 2017
