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Shareholders are not the only stakeholders who should be considered in a company. "The purpose of a corporation is to ... create value over the long-term, whic
by falcolas 4y ago
Shareholders are not the only stakeholders who should be considered in a company.
"The purpose of a corporation is to ... create value over the long-term, which requires consideration of the stakeholders ... (shareholders, employees, customers, suppliers, creditors and communities) ..."
https://corpgov.law.harvard.edu/2020/05/27/on-the-purpose-of-the-corporation https://corpgov.law.harvard.edu/2020/05/27/on-the-purpose-of...
- JumpCrisscross 4y ago> Shareholders are not the only stakeholders who should be considered in a company Sure. (Though this is far from settled.) But saying this was the "original...purpose of a company" is inaccurate.