From Principle to Practice: Making Stakeholder Capitalism Work

Just as with other business priorities, stakeholder capitalism is a matter of execution. Here are five steps to get it right.

The Case for Stakeholder Capitalism

Consumers and society at large are expecting more from business. Embracing these responsibilities can help shareholders, too.

Sandrine Devillard, Vivian Hunt, and Lareina Yee

Drawing on research in behavioral psychology and what McKinsey calls the “organizational health” of a company, we showed that women tend to encourage a more participatory decision-making process, such as improving the “working environment” component of organizational health. Men, meanwhile, tend to take corrective action more frequently when objectives are not achieved to bolster the “coordination and control” component of organizational health. Not all women … [ Read more ]

Why Diversity Matters

New research makes it increasingly clear that companies with more diverse workforces perform better financially.