Stakeholder Capitalism: Translating Corporate Purpose into Board Practice
The report explores how corporate directors are thinking about corporate social purpose and stakeholder capitalism and what specific board practices and behaviors are changing as a result.
Key findings
91%
of directors agree with the World Economic Forum’s 2020 Davos Manifesto
84%
of directors agree we are in the midst of a fundamental shift in capitalism
79%
say they consider employee concerns most commonly in board decisions
70%
say they consider customer concerns most commonly in board decisions
Boards and governance
Translating corporate purpose
Over the past few years – and accelerating in the first half of 2020 – many companies have issued statements on their broader social purpose. In this report, Diligent Institute set out to determine if the positive sentiments of corporate leaders translate into action and systemic change.
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