No need for Asia to be woke - Responsible capitalism through an Asian lens
LARRY Fink's 2018 proclamation that every company must show "how it makes a positive contribution to society" ostensibly woke American CEOs to the need for companies to fulfil a societal purpose beyond profit maximisation. The American Business Roundtable's 2019 commitment that a...
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2022
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sg-smu-ink.sol_research-59882023-01-10T02:28:44Z No need for Asia to be woke - Responsible capitalism through an Asian lens PUCHNIAK, Dan W. LARRY Fink's 2018 proclamation that every company must show "how it makes a positive contribution to society" ostensibly woke American CEOs to the need for companies to fulfil a societal purpose beyond profit maximisation. The American Business Roundtable's 2019 commitment that a business should no longer be run purely for profit is cited as another woke moment for American CEOs to the new reality that corporate purpose matters. However, just as the sun rises first in Asia, there is no need for Asia's CEOs to be woke to the reality that corporate purpose matters. 2022-03-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sol_research/4030 https://ink.library.smu.edu.sg/context/sol_research/article/5988/viewcontent/ASIA_btonline_2mar__1_.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Asian Studies Business Organizations Law |
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Asian Studies Business Organizations Law PUCHNIAK, Dan W. No need for Asia to be woke - Responsible capitalism through an Asian lens |
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LARRY Fink's 2018 proclamation that every company must show "how it makes a positive contribution to society" ostensibly woke American CEOs to the need for companies to fulfil a societal purpose beyond profit maximisation. The American Business Roundtable's 2019 commitment that a business should no longer be run purely for profit is cited as another woke moment for American CEOs to the new reality that corporate purpose matters. However, just as the sun rises first in Asia, there is no need for Asia's CEOs to be woke to the reality that corporate purpose matters. |
| format |
text |
| author |
PUCHNIAK, Dan W. |
| author_facet |
PUCHNIAK, Dan W. |
| author_sort |
PUCHNIAK, Dan W. |
| title |
No need for Asia to be woke - Responsible capitalism through an Asian lens |
| title_short |
No need for Asia to be woke - Responsible capitalism through an Asian lens |
| title_full |
No need for Asia to be woke - Responsible capitalism through an Asian lens |
| title_fullStr |
No need for Asia to be woke - Responsible capitalism through an Asian lens |
| title_full_unstemmed |
No need for Asia to be woke - Responsible capitalism through an Asian lens |
| title_sort |
no need for asia to be woke - responsible capitalism through an asian lens |
| publisher |
Institutional Knowledge at Singapore Management University |
| publishDate |
2022 |
| url |
https://ink.library.smu.edu.sg/sol_research/4030 https://ink.library.smu.edu.sg/context/sol_research/article/5988/viewcontent/ASIA_btonline_2mar__1_.pdf |
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