(Business Reporter) Shareholder primacy: myths and realities
Press review - Read the article published on 21 November in Business Reporter by Bastiaan Van Der Linden, associate professor at EDHEC and head of the MSc in Global & Sustainable Business.
In an article published in Business Reporter, Bastiaan van der Linden introduces its point like this: "Shareholder primacy is a management mindset in which strategic business decisions are made with one criterion: making money for those who own its stocks. And while this mindset has been popular among CEOs for nearly a half-century, its appeal is waning as corporate leaders take up strategies highlighting environmental, social and health movements. But even as CEOs try to save the world, this doesn’t mean they have ditched shareholders and profit completely. Today, savvy CEOs are marrying shareholder primacy with business purpose to survive and even thrive during uncertain times.."