In this podcast on Stakeholder Capitalism, Leo E. Strine Jr., former Delaware Supreme Court justice, early advocate for the Public Benefits Corporation statutes, with Larry Beeferman, Fellow on Work Life and Labor for the Harvard Law School, refute the notion that Stakeholder Capitalism has anything to do with politics. In fact, Strine argues, most companies should stay out of politics and focus on the welfare of the stakeholders—employees, customers, supply chain and distribution partners, and communities that create wealth for shareholders. In this wide-ranging interview with two experts in the areas of Stakeholder Capitalism and corporate governance, key insights include: The current debate about Stakeholder Capitalism and Environmental, Social, Governance (ESG) is more a reflection of well-established opposing views about the pros and cons of capitalism and free enterprise than it is an actual debate about the merits of Stakeholder Capitalism.
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