Tag: shareholder primacy
What’s a company for? Milton Friedman responds
The ongoing lively debate about corporate purpose has caused me to reflect further on the dialogue between Milton Friedman and Socrates…
CEO pay incentives reflect board priorities—and its still shareholder returns
While there are signs of change, our research shows that shareholder primacy continues to underpin performance-related CEO pay.
Stakeholderism: study finds evidence in short supply
Governance has been dominated by the debate over shareholder primacy vs stakeholders. But US companies show little sign of changing tack.
What’s a company for? An answer from Ancient Greece
An imagined dialogue between Milton Friedman, the economist who has come to represent the shareholder primacy world view, and Socrates.
Will Covid-19 accelerate the shift towards stakeholder governance?
The current challenging context will reveal to companies which of their shareholders have a long-term view—and which do not.
Debate over ‘shareholder’ or ‘stakeholder’ primacy goes global
The US Business Roundtable’s recent letter saw scores of chief executives sign up to a stakeholder model of governance. Around the world commentators have offered their analysis of the decision.
Davos: Debunking the myth of shareholder primacy
The world’s business and political elite meet this week in Davos for the annual World Economic Forum shindig. Paige Morrow argues they should focus on an end to shareholder primacy to reduce inequality.