2 min listen
Shareholders vs. Stakeholders
FromCapitalisn't
ratings:
Length:
36 minutes
Released:
Aug 29, 2019
Format:
Podcast episode
Description
Many are praising a recent Business Roundtable announcement that corporations should serve stakeholders as well as shareholders. On the surface, this may seem like a historic reversal of the status quo that has held since Milton Friedman's famous "shareholder primacy" theory was put forward in the 70s. But it's not that simple.
On this episode, Kate and Luigi layout the history of this theory, revealing that it's really been around for as long as we've been asking the most fundamental question in business: what is the purpose of a corporation? They explore that question, and interrogate the possible underlying motives behind the Business Roundtable's decision.
On this episode, Kate and Luigi layout the history of this theory, revealing that it's really been around for as long as we've been asking the most fundamental question in business: what is the purpose of a corporation? They explore that question, and interrogate the possible underlying motives behind the Business Roundtable's decision.
Released:
Aug 29, 2019
Format:
Podcast episode
Titles in the series (100)
Capitalisn't Trailer: Luigi and Kate deliberate over the topics that will be discussed on Capitalisn't -- they range from market power to Italian history. by Capitalisn't