The new math of multistakeholderism /

The shift away from a sole focus on financial returns to multistakeholder capitalism has involved a welcome rediscovery of the idea that businesses are social entities. Embracing this strategy requires a combinatorial accounting, taking into consideration the health of five types of stakeholders: em...

Full description

Bibliographic Details
Main Authors: Knowles, Jonathan (Author), Hunsaker, B. Tom (Author)
Format: eBook
Language:English
Published: [Place of publication not identified] : MIT Sloan Management Review, 2022.
Edition:[First edition].
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:The shift away from a sole focus on financial returns to multistakeholder capitalism has involved a welcome rediscovery of the idea that businesses are social entities. Embracing this strategy requires a combinatorial accounting, taking into consideration the health of five types of stakeholders: employees, partners, and communities, along with investors and customers. This is not easy to achieve, even for companies that say they want to move in this direction.
Physical Description:1 online resource (6 pages) : color illustrations