The New Corporation: How Good Corporations are Bad for Democracy
About this episode
Joel Bakan discusses the conflict between ESG commitments and the legal obligation to maximize shareholder value.
Joel Bakan joins the podcast to discuss his books, and the films based on them. He outlines the fundamental conflict inherent in companies ostensibly committed to ESG principles while simultaneously driven by a legal requirement to maximize shareholder value. This episode was originally published on 14 July 2021.
Topics covered
- corporate governance
- ESG principles
- shareholder value
- democracy
Keywords
- corporation
- democracy
- business ethics
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