Shareholder Primacy: Coronavirus Proves There’s Still A Long Way To Go [Forbes]
D/B/A Royal Caribbean Cruises Ltd. (RCL)
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am
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Source: Forbes
September 2020 will mark the 50th anniversary of Milton Friedman’s article inThe New York Timesasserting that the sole “social responsibility of business is to increase its profits”.Today, in the twin throes of a climate crisis and a global pandemic, you’d struggle to find a business leader who won’t seize any opportunity to publicly contradict the late Nobel Prize winning economist. Cynics might say that events like the World Economic Forum have become little more than virtue signalling conventions for our captains of industry.But with Covid-19 sending markets into meltdown and exterminating revenue streams overnight, it’s perhaps more evident than ever before how far corporate leaders still are from embracing the true multi-stakeholder approach many of them vocally endorse - an approach that invests in employees, and values not only customers but also the communities in which they operate.Friedman’s concept of shareholder primacy, it seems, endures.Nobel Prize-winning economist Milt
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News
- Royal Caribbean (RCL): Has the Recent Share Price Cooldown Opened Up a Valuation Opportunity? [Yahoo! Finance]Yahoo! Finance
- How To Pick The Right Cruise Line For You [Forbes]Forbes
- Is Royal Caribbean Cruises Stock Outperforming the Dow? [Yahoo! Finance]Yahoo! Finance
- Norwegian Cruise 36% Below Its 52-Week High: Time to Buy the Stock? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Cruise Critic Releases the 2025 'Best in Cruise Awards,' Naming the Best Cruises of the Year [Yahoo! Finance Canada]Yahoo! Finance Canada
RCL
Earnings
- 10/28/25 - Beat
RCL
Sec Filings
- 11/13/25 - Form SCHEDULE
- 11/4/25 - Form 4
- 11/3/25 - Form 144
- RCL's page on the SEC website