Five years ago, the Business Roundtable released a revised statement of purpose asserting companies exist to create value for ...
Boeing keeps losing essential parts. About 33,000 of its unionized workers rejected a proposed 25% general increase in wages, ...
Now the firm, led by my friend Martin Lipton, has published an important manifesto called Stakeholder Governance and the Eclipse of Shareholder Primacy. The manifesto notes that while shareholder ...
B Lab UK's executive director explains how shifting the focus from shareholders to stakeholders can help put businesses on a ...
Here are four key focus areas to ensure boards overcome the financial and competitive pressures that prevent companies from ...
Over two weeks from the first report of Alimentation Couche-Tard Inc's bid to acquire Japan's Seven & I Holdings Co, the ...
The measures a company takes must be legal, but the bottom line is increasing share prices (a concept known as shareholder primacy). Shareholder capitalism drives management actions like hiring ...
The Securities and Exchange Commission (SEC) reported that in 2020 there were more than 500,000 active corporations, including both domestic and foreign entities, as well as stock and non-stock ...
The exclusion of shareholders has been seen over the years as a specific procedure aimed at safeguarding companies, in case of a serious breach of the legal and contractual obligations of the sharehol ...
Walgreens and its top executives are being sued for allegedly breaching their duty to shareholders by inflating the financial outlook for its pharmacy business, in yet another challenge for the ...
It will be critical for Seven & i Holdings Co. to negotiate with Alimentation Couche-Tard Inc. “while it still has leverage,” following the Canadian retailer’s proposal to buy the operator ...
Elon Musk officially rebranded Twitter into X in 2023, and now over a year later, a federal court order has led to the unveiling of the shareholders who assisted in the massive $44 billion ...