Responsible Investor: The strange success logic of stakeholder capitalism

Denise Hearn argues that investors’ interests may not always be aligned with those of society, and questions assumptions around win-win dynamics […] “Stakeholder capitalism proponents must be willing to sit with these inherent tensions and contradictions. They must also be willing to challenge corporate power, not simply create endless new product mixes that do not fundamentally question the second-order effects of the asset management industry in further concentrating wealth and power. The Predistribution Initiative is one organisation working with investors to explore these issues and work toward solutions.”