Although capitalism has been the most successful economic system in history, it has come under increasing criticism in recent years. To address this growing distrust, the authors advocate reforms to make capitalism more inclusive and accountable.
Through this brief, we dive into the history of both shareholder value maximisation and stakeholder capitalism and show how stakeholder capitalism has been implemented successfully—and sometimes not so successfully—in countries such as the United Kingdom, Germany, and Japan. Furthermore, we show how sovereign wealth funds can act as shareholders that allow the “public” to participate in businesses.
You can now read the full whitepaper at the link below