Quote by Simon Mainwaring
Corporate executives need to re-frame their responsibilities to include the interests of all the stakeholders in society at large not just shareholders, but also employees, the citizens of our communities, and those who care about the environment.
Summary
This quote highlights the need for corporate executives to broaden their scope of responsibilities beyond just the shareholders. It emphasizes the importance of considering the interests of all stakeholders, including employees, community members, and the environment. By doing so, executives are encouraged to prioritize sustainable and ethical practices that benefit society as a whole, rather than solely focusing on maximizing profits for shareholders. This approach aligns with the idea of corporate social responsibility, acknowledging the interconnectedness between businesses and the broader society they operate in.
Topics
Society
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