If there is one lesson to be learned from the pandemic and recent natural disasters, it is that the private sector must participate alongside government institutions in addressing today’s pressing social and climate issues. Considering the enormous financial and social impact of these issues, they can be resolved only by sharing the burden. Institutions such as the IMF, OECD, and World Bank recognize that governments and the private sector should take joint actions to help navigate difficult times and prepare for a prosperous future open to all.
In this article, Müge Tuna discusses “stakeholder capitalism” and whether this term is still relevant today.
Müge is executive director at Clairfield International in Istanbul and an advisory board member of TUYID (Turkish Investor Relations Association).
Read the full article here: We’re all in This Together: Stakeholder Capitalism and Social Responsibility