From shareholder primacy to stakeholder capitalism
fileSaved by sari
From shareholder primacy to stakeholder capitalism
We pay lip service to “sustainability”; some of us “empower” our employees; a few strive to be better “citizens,” but for most of us, the daily rituals of capitalism remain much the same. What really matter, at the end of the day, are profit, growth, and shareholder value.
The responsibility of VC firms to be engines of positive transformation has never been greater. Yet, it’s no secret that VCs have found ESG and impact challenging themes to adopt and implement, debating their importance, definitions, and scope.