TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751
info@mountequitygroup.com

Business Roundtable’s ‘stakeholder capitalism’ may be changing public opinion

Mount Equity Group Tokyo Japan > News > Business > Business Roundtable’s ‘stakeholder capitalism’ may be changing public opinion

Good morning.

There’s at least some evidence that perhaps it has, at least if the American public is the judge. Asked in a poll by Just Capital which stakeholder large U.S. companies prioritize the most, 50% of Americans say “their shareholders.” But that’s down from 69% six years ago. And 31% say companies prioritize “their employees” most, up from just 9% six years ago. Still, the poll showed only 49% of respondents said large U.S. companies have a positive impact on society overall. And only 37% said they have a positive impact on the environment.

Just Capital also looked at how the companies that signed the Purpose of a Corporation statement are doing, relative to the other companies it ranks annually in the Russell 1000. The answer: pretty good. BRT signatories:

–Pay an estimated 3.2% more of their workers a living wage;

–Provide 3.5 hours more career development training;

–Have 26% fewer…

Read more…