A corporate governance philosophy holding that a company should serve not only shareholders, but also a broader group of stakeholders, including employees, customers, suppliers, communities, government, and society at large. The goal is to balance the interests of all parties affected by the business rather than prioritize shareholder returns alone. Critics argue that stakeholder capitalism can blur accountability by giving management broad discretion to decide which stakeholder interests matter most and how competing interests should be balanced.
« Back to Glossary IndexStakeholder Capitalism
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