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1st February 2021 A new book claiming that ‘stakeholder capitalism’ can create a more inclusive, sustainable and resilient global economy has won praise from government leaders and NGOs – as well as bosses of some of the world’s most influential companies. It describes stakeholder capitalism as a form of capitalism in which companies not only optimise short-term profits for shareholders, but also seek long-term value creation, by taking into account the needs of all their stakeholders and wider society. The book was released last week with advance praise from the CEOs of Microsoft, Sa...

Klaus Schwab Releases “Stakeholder Capitalism”; Making the Case for a Global Economy that Works for Progress, People and Planet In his new book, released this week, Klaus Schwab looks at the achievement and shortcomings of the global economic ...

Many global elites now reject the tenets of neoliberalism.

What is stakeholder capitalism? These days, a lot of political and business leaders debate whether “stakeholder capitalism” would provide us with a better way to organize the economy. But what exactly is stakeholder capitalism, and where does it originate? In this blog, adapted from our book Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet, we like to tackle this question, and provide the reader with a clear answer. History The stakeholder concept goes a long way back: more than 50 years. I first wrote about it in 1971, when I was a young business academ...

January 22, 2021 Singapore seems to have contained Covid-19 infections far better than the United States or countries in Europe. Reuters In the coming months, more than a thousand government officials, business leaders and sportspeople are expected to flock to Singapore, a nation that seems to have contained Covid-19 infections far better than the United States or countries in Europe, for various events. The World Economic Forum (WEF) will hold its annual gathering there in May, the first time it will be held in Asia and just the second edition to take place outside Switzerland since i...