A Stakeholder Economy is a Stronger Economy
Stakeholder capitalism is here—that’s good for business. Actions taken in service of short-term profit at the expense of long-term sustainability generate negative externalities that, whether priced or not, destabilize economies and generate untenable risk. Business can and must play the leading role in addressing the existential challenges we face, even beyond what governments and non-profits are able to do.
When stakeholders thrive, profits rise.