Managing Shareholders in the Age of Stakeholder Capitalism
Shareholder cultivation in the age of stakeholder capitalism requires management to identify steward shareholders and then foster symbiotic relationships with them. The authors offer four sets of tools managers can use to cultivate steward shareholders. These tools are classified into four types based on two dimensions: time-to-efficacy, which refers to the time needed for the tactics to take effect, and implementation difficulty, which pertains to … [ Read more ]
Content: Article | Authors: Mark DesJardine, Wei Shi | Source: Harvard Business Review | Subject: Corporate Governance
Tima Bansal, Mark DesJardine
The common approach to corporate social responsibility is grounded in ethics, morality and norms. And there is no question that many CSR initiatives are good at balancing competing demands made by shareholders and other stakeholders. To do this, however, many supposedly responsible firms borrow resources and capital from the future, which can magnify the imbalance in the distribution of resources between the short and long … [ Read more ]
Content: Quotation | Authors: Mark DesJardine, Tima Bansal | Source: Ivey Business Journal | Subject: Social Responsibility (ESG)