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Stock impact report

Stakeholder capitalism is under attack from both the right and the left January 18, 2022 11:28 AM GMT+1 [Fortune]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Fortune
The survey of 36,000 people in 27 countries shows that business is again the most trusted institution around the world, while government and media have entered what Edelman calls “a distrust spiral,” pursuing “exaggeration and division to gain clicks and votes.” The survey also shows that, by large margins, respondents in the 27 countries want business to play a larger role on climate change, economic inequality, workforce reskilling and addressing racial injustice. You can see the full results . Bottom line, says Edelman: “Societal leadership is now a core function of business.” Not everyone is down with that trend. Coming from the right, British fund manager Terry Smith launched an attack on last week for its role in leading the business pivot toward social goals. “A company which feels it has to define the purpose of Hellmann's mayonnaise has in our view clearly lost the plot,” Smith said. And from the left, Peter Goodman of the New York Times has a new book out today blaming s Show less Read more
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