Stakeholder Capitalism

Government Ordering Google to Identify Users Relating to Potential Criminal Conduct Raises Concerns

October 13, 2021

Privacy advocates express alarm that the U.S. government is secretly ordering Google to provide data on anyone typing in certain search terms, which may implicate innocent Web users in serious crimes.
Whistleblower Urges Congress to Evaluate Facebook Practices

October 06, 2021

In recent testimony, Frances Haugen, a former Facebook product manager, alleged that Facebook's algorithms' design results in profits being put before users' health and safety.
Facebook Invests $50 million to Promote Responsible Behavior in 'Metaverse'

September 29, 2021

Facebook has announced a $50 million investment to promote responsible behavior in the 'metaverse," which Facebook intends to become a digital world where people can use different devices to move and communicate in a virtual environment.
WEF Announces Support for Stakeholder Capitalism

September 22, 2021

The World Economic Forum has announced the continued growth of the coalition of companies supporting the Stakeholder Capitalism Metrics Initiative.
White & Case: The Rise of Stakeholder Capitalism

September 14, 2021

Jessica Lynd and Walter Spak of White & Case have published on JDSupra.com an overview of the transition from Milton Friedman's "shareholder primacy" doctrine to the recent movement that shifts corporate focus from "shareholder primacy" to stakeholder capitalism, whose goal, according to the World Economic Forum, is to seek long-term value creation by taking into account the needs of all their stakeholders, and society at large.
Millions of VIP Facebook Users Shielded from Standard Moderation Protocols

September 14, 2021

According to the Wall Street Journal, Facebook is using a program known as « cross check » or « XCheck » that shields at least 5.8 million VIP Facebook users from the company’s standard content moderation.
Butler: The Dangers of TikTok

September 10, 2021

Jack Butler writing in the National Review, explores the history and dangers of the popular application TikTok including its questionable practices collecting users data and reputable reports that the app is compromised by the Chinese government.
Edmans: Two Years Later, Has the Business Roundtable Statement Transformed Capitalism?

September 08, 2021

Alex Edmans, a Professor of Finance at London Business School and Academic Director of the Centre for Corporate Governance explores the impact on capitalism of the Business Roundtable Statement two years after it was redefined and put in place.
Pioneer Professor of Stakeholder Capitalism Theory says there is « No Going Back »

August 25, 2021

R. Edward Freeman, professor at the University of Virginia’s Darden School of Business and pioneer of the theory of Stakeholder Capitalism explores, in an interview with justcapital.com, the history of the theory, current debate, and his opinion that now that the discussion is mainstream, there is no going back.
Tim Cook: Tech industry Needs to Rebuild User Trust After Privacy Losses

August 25, 2021

As people increasingly view privacy as a mainstream issue, Apple CEO, Tim Cook stated in a recent interview the some users trust has been taken advantage of by tech firms and that he feels it is essential to rebuild that trust through means including, in some cases, where necessary, regulation.