by The Shareholder Commons | Jan 23, 2020 | Category1
Last week saw the replaying of an annual ritual in the financial world. The ritual goes like this: Larry Fink, the Chairman of BlackRock, the world’s largest asset manager, issues a letter talking about the importance of something other than financial measurements in...
by The Shareholder Commons | Nov 19, 2019 | Category1
David Webber’s new book, The Rise of the Working-Class Shareholder: Labor’s Last Best Weapon, might just as well have been titled, “How Shareholders Can Save the Planet.” Webber, a professor at the Boston University School of Law, has written a book that tells a...
by The Shareholder Commons | Nov 15, 2019 | Category1
One key area of focus at The Shareholder Commons is equipping shareholders with the tools to limit corporate political spending. This article takes a few steps back in order to explain why limiting such spending is essential to our mission and to creating a just and...
by The Shareholder Commons | Oct 22, 2019 | Category1
Given that The Shareholder Commons is all about making private enterprise act more responsibly, readers might believe we would be all about the current efforts to endow corporations with greater purpose. Larry Fink, who runs the largest asset management firm in the...
by The Shareholder Commons | Sep 20, 2019 | Category1
Just one business day after the launch of The Shareholder Commons, the Business Roundtable announced that it had created a new Statement on the Purpose of a Corporation, which declares that stakeholders, including workers, customers and communities, are as essential...
by The Shareholder Commons | Aug 14, 2019 | Category1
WHERE ARE THE REGULATORS? In an economy based on competition, we simply cannot rely on individual businesses to self-impose sustainability rules that take priority over profit. Sustainability boundaries must be implemented collectively in order to be effective. While...