US flag flying on Wall Street

28 October, 2020

Governance experts call for US Stakeholder Capitalism Act

The US debate over the future of capitalism continues to flare with a proposal for new legislation that would shift companies away from “shareholder primacy” and into the realm of “stakeholder g...
Ladder leading to target

16 September, 2020

Four principles to keep your business’s social purpose goals on track

The role of a business’s social purpose came to the fore in April last year. One of the largest business groups in the US—the Business Roundtable—called for companies to
Committee members sitting around a table

4 September, 2020

Companies ‘need new mechanism’ to integrate stakeholder interests

Much has been written about how the pandemic compelled businesses to adopt more of a “stakeholder” approach to governance, thus elevating the interests of staff, customers and suppliers over those...
Kamala Harris, running mate of Joe Biden

17 August, 2020

What would a Biden–Harris victory mean for US corporate governance?

Ahead of official confirmation at the Democrat’s National Convention this week, we now know that the candidates chosen to run against Donald Trump are Joe Biden and his freshly appointed running mat...
Jamie Dimon

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 ...
Review of Non-Financial Reporting Directive

4 August, 2020

Companies should embrace Europe’s roadmap to stakeholder capitalism

It is now de rigueur for for any company seeking to respond to the urgency of climate change and the imperative of responsible business conduct to pledge to "serve their stakeholders". The...
EU flag

3 August, 2020

EU urges firms to focus on long-term strategy over short-term goals

If there is one theme that characterises debate about corporate governance over the past decade it is the conflict between short-term and long-term strategy and decision-making. The European Commis...

27 July, 2020

A blueprint for business to transition to a nature-positive future

The average person today is 4.4 times richer and lives 25 years longer than in 1950. The Great Acceleration, however, has been brought to a screeching halt by the Covid-19 pandemic. It is clear ...
Law books and gavel

3 July, 2020

Companies Act duties ‘need testing in the courts’ to improve governance

New legislation will not be needed for corporate governance reform resulting from a move to a stakeholder capitalism model, says a leading academic. In an
Socrates wearing a business suit

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...