1. ‘Stakeholder’ Capitalism Seems Mostly for Show

    ‘Stakeholder’ Capitalism Seems Mostly for Show

    By putting American workers through months of turmoil, the Covid-19 crisis has heightened expectations that large companies will serve the interests of all “stakeholders,” not only shareholders. The Business Roundtable raised such expectations last summer by issuing a statement on corporate purpose, in which the CEOs of more than 180 major companies committed to “deliver value to all stakeholders.”...

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