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In His Own Words, Milton Friedman Supported Stakeholder Capitalism

Published: Feb 27, 2023

With Stakeholder Capitalism thrust into the national limelight by Vivek Ramaswamy, the third declared Republican national presidential candidate, it has become essential to ensure that a non-partisan field born at the front lines of business and academia does not become distorted and delayed by partisan politics. Given that Stakeholder Capitalism is simply better business, the political turmoil could set back a practical approach to business of which the oracle of capitalism clearly approved. ... [ read more ]

Opinion: Stakeholder Capitalism Is a 50-Year-Old Field, The 2019 Business Roundtable Pronouncement Muddied the Waters

Published: Jan 25, 2023

The 2019 Business Roundtable pronouncement that corporations need to address the interests of all stakeholders and the 2020 World Economic Forum Davos Conference reaffirming the 2013 Davos Manifesto containing the same principles drew welcome attention to a well-established business field but opened the door to virulent opposition based on a distorted definition. ... [ read more ]

JUST 100 Index Outperforms Russell 1000 by 13.7% Since Launch

Published: Jan 11, 2023

As of Dec. 30, 2022, the JUST 100 Index (JUONE) that tracks the top 100 ranked companies on the issues that Americans consider most important outperformed the Russell 1000 by 13.3% since inception in November 2016. The survey on which the rankings are based finds wide agreement on the principles of stakeholder capitalism across the demographic and political spectrums. ... [ read more ]

EEA 2023 Focus: Stakeholder Engagement Implementation

Published: Jan 5, 2023

While business and political pundits battle out the high-level issues related to Environment, Social, Governance (ESG), the Enterprise Engagement Alliance focuses specifically on the implementation of systems and technologies that support the benefits of fostering the proactive involvement of all the stakeholders who contribute to organizational success. ... [ read more ]

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