Stakeholder Accountability
Alex emphasizes the need for accountability in capitalism, arguing that businesses must consider various stakeholders while still aligning with shareholder interests. He introduces the concept of a "say on purpose," allowing shareholders to voice opinions on non-financial objectives. Both he and Jonathan discuss the pitfalls of greenwashing and the importance of companies delivering on their stated values, acknowledging the inherent human tendency to prioritize self-interest over broader goals.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep15 "Shareholder vs. Stakeholder Capitalism" with Alex Edmans
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