Generating financial returns, noble and important as that goal is, is no longer enough, 3 scholars of marketing argue.
Articles on Shareholder capitalism
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As capitalism’s image crumbles, many of the world’s biggest companies are trying to give it new life by showing it can mean more than just making money.
Unlike older visions of economic democracy which started with class or the collective, the starting point now should be the individual
There is no denying that the shareholder model of business needs countering, but this doesn’t mean IOFs are the best remedy.
What and who businesses exist to serve is an age-old debate – but it’s nearly always been driven by the bottom line.
A group of America’s most powerful CEOs said companies should no longer merely focus on maximizing shareholder wealth. A business professor explains why it’s not a big deal.
A new kind of capitalism is emerging in which companies value communities, the environment and workers just as much as profits. Even the Business Roundtable agrees.
Top contributors
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Senior Research Fellow in Nonprofit Organizations, UMass Amherst
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Professor of Economics, SOAS, University of London
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Professor of Economics and Political Science, INSEAD
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Professor of Business, University of Michigan
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Professor of Regional Political Economy, University of Glasgow
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Professor of Marketing, Monash University
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Professor of Marketing; Senior Fellow, Institute for Healthcare Improvement, Texas A&M University
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Dean of the Gabelli School of Business, Chair and Professor of Marketing, Fordham University