The savior CEO and the empty promise of ‘stakeholder capitalism’
by Adam Lowenstein from US news | The Guardian on (#6615Y)
Companies may claim to serve employees, communities and the planet - but two books show profit still comes first
American CEOs are a self-assured bunch but it takes a certain level of hubris to conclude that your skills making money and climbing the corporate ladder also equip you to solve social and environmental challenges.
While promising to save the world is increasingly part of the chief executive's job description, two timely new books make clear that this grandiose notion remains little more than a self-serving fantasy.
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