It is time to take a hard look at the universally accepted principle that the goal of business is to maximize shareholder value.

Although the concept seems entrenched in business practice, it actually originated in a 1976 article by two business school professors at the University of Rochester who postulated that corporate executives act as agents on behalf of the (more…)

For a long time in corporations, sustainability had been a soft issue – nice to highlight in the annual report but not thought to affect the bottom line. Not any more.

Now it’s considered, including by the Securities & Exchange Commission (SEC), to have direct impact (more…)