“Why should the citizens of this world keep companies around whose sole purpose is the enrichment of a few people?” Paul Polman, the highly successful and far-sighted departing CEO of Unilever. “Society demands that companies “serve a social purpose” Larry Fink, CEO BlackRock, world largest asset manager “In the eyes […]
Tag: Wall Street
Profits, performance and ethics: ready for the coming convergence?
“Top executives need to be paid a lot to be willing to do their demanding role. Company performance depends almost entirely on the top leadership’s capability. Ethics doesn’t pay, what matters is short term rewards for stakeholders.” These three widely used assertions about business sound increasingly threadbare, unsupported by credible […]