Marc Benioff, chief executive of the technology giant Salesforce, presents himself as an evangelist for stakeholder capitalism: the idea that companies must elevate the interests of workers, the environment and local communities alongside shareholders.
He has written books and opinion pieces arguing that profits are not sufficient; companies must do
LONDON — Laurence D. Fink presents himself as the vanguard of a progressive form of capitalism in which profits are not everything: The enlightened money is supposed to press for environmental and social protection.
As the chief executive of BlackRock, the world’s largest investment management company, Mr. Fink oversees more
Last August, the chief executives of 181 of America’s largest corporations signed a document pledging their commitment to run their companies for the benefit of workers and communities, and not just for shareholders.
Some pundits celebrated the statement from the Business Roundtable as a historical milestone, the moment when corporate
