Business leaders asked if corporations should help solve society’s problems

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Business leaders are more likely to support the idea of a purpose-driven corporation than other Canadians, survey finds

Businesses need to contribute to the solution of society’s problems, many Canadian company executives say in a new survey – though their support is less enthusiastic when presented with tangible ways of accomplishing that.

To the centre, an authentic corporate purpose “leads the executive team to aim not only at increasing earnings to the benefit of shareholders, but to consider the needs of their other stakeholders – employees, customers, the environment and the communities in which they operate.” For the first statement, “the purpose of a corporation should be to benefit all its stakeholders, including shareholders, employees, suppliers, the communities where it operates, and the environment,” 63 per cent of business leaders expressed strong agreement, as did 63 per cent of shareholders. Just 56 per cent of non-shareholders offered strong agreement.

“The data shows a clear progression related to purposeful corporations: the public, shareholders, and [then] business leaders, who are both more familiar with the topic and more supportive.”

 

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Just pay your damn taxes.

You mean Businesses don't add to society's problems?! Work more, get paid less, pay exploitive wages, etc...

No.

This is precisely what the WEF proposes - stakeholder capitalism. If corporations and governments join forces, where does that leave the power of the people? This is not the path towards a free democratic society. Look up how this approach worked during WWII in Italy.

Simple answer is “No”.

Woke governments are now desperately needing help to clean up their disastrous policies.

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