Trump 2.0 will see corporations tempted by shareholder primacy even more. Sustainable success still comes from broader goals. Story by John Kay • 3mo.

As you know, the shareholder primacy theory is widely attributed to the Chicago school of economists, beginning in the 1970s, with economist Milton Friedman famously arguing that the only ...

Exxon is taking its shareholders to court as the anti-ESG backlash escalates into a civil war between the proponents of shareholder primacy Walter Frick February 8, 2024 at 11:46 AM ...

The case for shareholder primacy does not deny any of that. It simply argues that it is not the CEO’s job to impose their values on shareholders, employees, customers or anyone else.

This new dynamic is possible, in part, because business leaders realise the fallacies of long-held beliefs about shareholder primacy: 1) that it is a legal requirement; 2) that the fiduciary duty of ...

Despite the ongoing debate, corporations largely have adopted Friedman's shareholder primacy theory of corporate governance. See Business Roundtable Redefines the Purpose of a Corporation to ...

ESG may be an insult to shareholders and an offense to democracy, but it is too useful a tool to ideologues and rentseekers to be consigned to where it belongs in the ashcan of history, and so ...

STRV is a passively managed ETF holding 500 of the largest U.S. stocks and has a similar composition as S&P 500 ETFs. The difference is that Strive Asset Management advocates for shareholder and ...

Bastiaan van der Linden at EDHEC Business School explains a management mindset that won’t be displaced entirely by ESG Shareholder primacy is a management mindset in which strategic business decisions ...

As Donald Trump nears his second presidency, the rhetoric of economic nationalism and deregulation returns to the forefront. His policies, coupled with cabinet picks drawn heavily from corporate ...