From shareholder primacy to stakeholder capitalism

The case study of the proliferation and success of benefit corporations demonstrates that responsible business can also be successful, mainstream business. However, we maintain that individual company choices are incapable of creating the systemic change needed to end reckless corporate behavior

widen their aperture of responsibility and begin to consider a broad array of the interests of the

after subsection (c) of Section 36.

and the behavior of corporate America has created

beneficiaries they represent, including their interests in a thriving job market that offers economic

This paper proposes policies based on such principles: They are designed to maintain the

market mechanism inherent in profit-seeking but correct market failures that allow for

from behaviors that create inequality, environmental

prioritize profits, even when those profits are derived