Fast Company Innovation Festival 2022: Dan Schulman and Lynn Forester de Rothschild on stakeholder capitalism
Podcast: Most Innovative CompaniesPublished On: Tue Mar 07 2023
Description: We're taking a look back at our Fast Company Innovation Festival last fall. The world has changed dramatically in the three years since the Business Roundtable’s new Statement on the Purpose of a Corporation popularized the term “stakeholder capitalism.” Some stakeholders (workers, customers) have become emboldened to demand more of companies, but stockholders and traditionalists who deride this more inclusive view of corporate purpose as “woke capitalism” have too. On this episode, PayPal President and CEO Dan Schulman chats with Lynn Forester de Rothschild, founding and managing partner at Inclusive Capital Partners about what stakeholder capitalism means today, and how the movement can weather economic headwinds and vocal naysayers.
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