In August 2019, members of U.S. Business Roundtable – the unofficial American business council – announced the position of owners and CEO of nearly 200 companies operating in the USA. They announced a new trend – the evolution of shareholders capitalism towards stakeholder capitalism, in which the values and experiences of employees, customers, suppliers and the company’s social environment become as important as those of investors and company managers. Less than a year later in May 2020, Prof. Bill George of Harvard, observing the reevaluation of company leaders adapting to the covid crisis, published an article that echoed widely: “Stakeholders capitalism is here to stay.”.
– Jacek Santorski