From Shareholder Primacy to Stakeholder Capitalism
A Policy Agenda for Systems Change
Our country stands at a crossroads. With a global pandemic and economic crises affecting all of our communities, we face a choice about how to rebuild. Will we go back to business as usual — opting for an economic recovery that benefits the few — often at the expense of the security and safety of the many? Across party lines, across the private and public sectors, and from the streets to the boardrooms, we must seek a new path, one that sets us on course to fulfill the founding promise of this country — a promise still unrealized for too many.
With legislative and regulatory changes, we can have mandatory benefit governance and expand investors’ fiduciary responsibilities to protect the broad interests of their beneficiaries. It’s ambitious but realistic — with partners across industry and across the political aisle, we can see these changes through to build a more resilient economy.
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