The health and economic crisis has prompted pro-employee changes at some companies. Business school professor Sarah Kaplan argues they should keep them and do even more.
Amazon’s Jeff Bezos signed it. So did Doug McMillon, the CEO of Walmart, and Charlie Scharf, the CEO of Wells Fargo. Last summer these corporate chieftains and 178 others made a big fuss over affirming the Business Roundtable’s updated statement of purpose, declaring the end of shareholder primacy in favor of “stakeholder capitalism” that aims to create value for employees, suppliers, communities, and others.
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