Corporate Purpose Needs Democracy
Abstract
The British Academy proposes that some of the manifest failures of shareholder capitalism can be addressed by requiring corporations to declare a purpose – a profitable solution to the problems of people and planet that does not cause additional problems – and creating a set of supporting mechanisms to ensure the pursuit of purpose. Shareholder capitalism has a lot to answer for, arguably including the opioid and obesity epidemics, the hazards...
Paper Details
Title
Corporate Purpose Needs Democracy
Published Date
Dec 4, 2020
Volume
58
Issue
3
Pages
902 - 913
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