Good morning.
Will the crisis make business better? Before the novel coronavirus jumped to humans, there was clear movement for change in the world of business. It had been building for more than a decade, and had its most obvious manifestation when the Business Roundtable changed its statement on the purpose of a corporation last year to make clear that companies serve various stakeholders— employees, customers, the communities they operate in, the natural environment—as well as shareholders. “Shareholder primacy,” Fortune and others contended , was dead.
But what about now that the crisis has hit? The pandemic delivered an unprecedented shock […]
Full Post at fortune.com