Not Just for Profit
Emerging alternatives to the shareholder-centric model could help companies avoid ethical mishaps and contribute more to the world at large.
Content: Article | Author: Marjorie Kelly | Source: “strategy+business” | Subjects: General, Social Responsibility (ESG)
Marjorie Kelly
It has been clear since the days of Adolf Berle and Gardiner Means – who published their breakthrough book, The Modern Corporation and Private Property, in 1932 – that business ownership is often separated from its most vital element, control. These [for-benefit business] designs go further by concentrating control in a deliberately chosen group, selected as stewards of the firm’s living mission. Ownership shares can … [ Read more ]
Content: Quotation | Author: Marjorie Kelly | Source: “strategy+business” | Subjects: Corporate Governance, Miscellaneous
The Divine Right of Capital: Dethroning the Corporate Aristocracy
Content: Book | Author: Marjorie Kelly | Subjects: Corporate Governance, Social Responsibility (ESG)