Here’s how to make stakeholder capitalism a reality

Former Mastercard Executive Chairman Ajay Banga shares his thoughts on achieving inclusive capitalism goals in an article for the World Economic Forums’ 2020 annual meeting:
“I believe it’s possible to have an economic engine that works for all stakeholders: governments, people, businesses and the planet. The World Economic Forum has established the vision, the UN has set the goals. Corporate leaders – myself included – have made a commitment. Together, we’ve charted a course to make stakeholder capitalism a reality.”
Overview:
- Decency can help a business can define their role in society and make stakeholder capitalism a reality.
- Inclusivity includes a diversity of thought among employees and partners.
- For capitalism to benefit all stakeholders, companies must continue to innovate.
- Businesses must work to earn stakeholders’ trust.
Access the full insight here.