Tag: Stakeholder primacy
Business leaders want incentives to spur switch to ‘purposeful’ companies
British Academy study reveals 63% of firms are taking steps to become more purposeful, while 55% think there should be government incentives.
FRC proposes ‘public interest report’ to highlight stakeholder issues
The UK watchdog calls for a “more agile approach” to corporate disclosures, with separate business, finances and public interest reports.
Governance week: stakeholderism, US election, IoD departure, ESG blow
Is the shift to stakeholder primacy real—or a PR exercise? Plus change at the top for the Institute of Directors; confirmation of the Biden–Harris ticket; and bad news for ESG.
Asset managers urge restraint on executive pay during pandemic
Schroders and Hermes EOS warn boards that top executives must “share the pain” of the economic downturn, with pay “aligned with the experience of the wider workforce”.
Stakeholder debate should not be used to weaken shareholder rights
Investors play a vital role in holding boards to account—and well-governed companies safeguard the long-term interests of all stakeholders.
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.