Polarization and gridlock in Washington have prompted more corporations to step forward to help address a range of societal problems. CEOs are increasingly aware that a corporation’s purpose must go beyond shareholder value and include concern for a variety of stakeholders. Yet while much has been written about why a more stakeholder-engaged capitalism is necessary, less has focused on how businesses can meet this new core objective. In this essay, experts in corporate governance and politics discuss how businesses can build stakeholder engagement into their governance and reporting. This essay is part of an ongoing effort by FixUS to bring attention to a variety of ideas on how best to address our polarized governing environment.
Note: The views expressed in this essay are those of the authors and do not necessarily reflect the official position of FixUS.