Preview Thursday: Benefit Corporation Law and Governance: Pursuing Profit with Purpose
Lead Change Blog
JANUARY 11, 2018
This paradigm is often called the “ shareholder primacy ” model, and it underlies our capital markets and business models. Personally, I came to believe that shareholder primacy represented a catastrophic market failure, creating inequality, social instability, and environmental degradation. How could we expect that to turn out well?
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