Corporate purpose has ignited a debate among academics and business leaders. Here we explore what corporate purpose is and why this has become a critical issue for investors.
2022-11-07T07:30:00+00:00
An increasing number of policy makers, business leaders and academics are now embracing the idea that the purpose of a business is to create long-term value for all stakeholders, rather than simply maximise returns for shareholders
By Alex Edmans, London Business School
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