We Are Nowhere Near Stakeholder Capitalism
If you read the headlines coming from the 2020 World Economic Forum at Davos, you may start believing that public corporations have fundamentally changed their raison d’être: from creating value for shareholders to benefiting society-at-large. In our opinion, this conclusion is premature. We haven’t seen real change yet, and we won’t without first...
Posted by: Vijay Govindarajan - 01/30/2020 at 07:39 am
Understanding India’s Chilly Reception of Jeff Bezos
Developing nations normally welcome CEOs of large multinationals who promise to invest in their countries and generate jobs. However, Jeff Bezos’s recent visit to India was marred by protests, an antagonistic remark by the Indian finance minister, and a refusal to meet by the Indian prime minister — all despite Bezos’s promising to spend a billion dollars and generate millions of jobs...
Posted by: Vijay Govindarajan - 01/23/2020 at 05:12 am