Quote by Simon Mainwaring

Companies, to date, have often used the excuse that they are only beholden to their shareholders, but we need shareholders to think of themselves as stakeholders in the well being of society as well.

Companies, to date, have often used the excuse that they are

Summary

This quote highlights the need for a shift in the perspective of shareholders in companies. It argues that instead of considering themselves solely as beneficiaries of financial gains, shareholders should recognize their role as stakeholders in the larger context of societal well-being. By embracing this mindset, companies can move away from prioritizing short-term profits and start considering the long-term impact of their actions on society. This change in mindset encourages companies to take responsibility for their social and environmental impact, aligning their objectives with the welfare of both shareholders and the broader community.

Topics

Society

By Simon Mainwaring

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