Let’s Drive a Stake Through the Heart of Stakeholder Capitalism. ...Middle East

There are many compelling arguments why the profit motive for companies typically aligns with other laudable objectives relevant to their “stakeholders,” which is often understood as a company’s shareholders, but also includes customers, employees, vendors, the communities in which a company operates, and can even include society and the economy as a whole. Failing to consider the interests of these stakeholders can quickly become costly. For example, underpaying employees motivates them to leave, often incurring significant costs in retraining and a loss of institutional and technical knowledge. Excessively squeezing the profits of vendors can result in their refusal to supply or cutting co

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Let’s Drive a Stake Through the Heart of Stakeholder Capitalism. ...Middle East

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