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to http://www.economistgroup.com/privacy







Jinny Yan

Chief economist, China

ICBC Standard Bank

Rebecca Fatima Sta Maria

Executive director

APEC Secretariat

Fukunari Kimura

Chief economist

Economic Research Institute for ASEAN and East Asia (ERIA)

Christopher Clague

Managing editor, Asia, and global editorial lead, trade and globalisation

The Economist Intelligence Unit

Christopher Clague

Managing editor, Asia, and global editorial lead, trade and globalisation

The Economist Intelligence Unit

Guy Scriven
Climate risk correspondent

The Economist

QUERIES

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Panelists

Note: By registering to this webinar, you will get access to the complete Asia
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Reviving trade: The way forward 

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Select a job levelCEO/Chairman (CEO, Chairman, Managing Partner)C-Level (CFO,
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GrenadinesSudanSurinameSwazilandSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandTogoTongaTrinidad
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What does stakeholder capitalism look like in practice, and what does it really
mean for businesses? 

Stakeholder capitalism has been a popular term at international summits and in
boardrooms in recent years一and for good reason. Even before the covid-19
pandemic, global crises such as climate change were forcing overdue
conversations about the role of business in society. And CEO after CEO announced
their commitment to go beyond shareholder primacy to provide value for all, in
order to contribute to a fairer and more sustainable future.

But words are one thing; action is quite another. And while the theory of
stakeholder capitalism一taking into account the needs of all stakeholders and
favouring long-term value creation一may sound straightforward enough, the
practice is less so.

The challenge for business is to translate concept into reality, and good
intention into outcome. For businesses to embrace stakeholder capitalism, they
need to understand its tenets and how they can organise their company around
them. Not only that, companies must be able to measure and communicate their
impact to investors, employees and customers, a task far more challenging than
reporting quarterly earnings.

Stakeholder capitalism may have plenty of proponents, but these are matched by
its detractors. Some believe businesses exist primarily to make a profit, while
others deride stakeholder capitalism as nothing more than corporate bluster. But
can businesses prove them wrong?

Programmed by Economist Impact and supported by Enel, this webinar will bring
together business executives, academics, investors and thinkers to examine how
businesses can take stakeholder capitalism from concept to reality. The
questions that will be addressed include: 

 * How can companies organise around the stakeholder capitalism principle? What
   are the greatest challenges in moving away from a shareholder-primacy model? 
 * How can businesses effectively measure and communicate the value created for
   stakeholders? How can they go beyond PR-talk? 
 * Does stakeholder capitalism make for good business? What potential advantages
   could it bestow on companies?
 * What is the experience of companies that have embraced stakeholder
   capitalism? What lessons can be learned from their example? 
 * Is stakeholder capitalism the best way for businesses to deliver value to
   society? Is that the role of private industry? 
 * Is the dominance of the stakeholder model a fait accompli?
   


SPEAKERS

ALBERTO DE PAOLI
CHIEF FINANCIAL OFFICER
ENEL


SUPPORTED BY


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Age of innovation: The 50-plus economy as an engine of growth

Tuesday, March 30th 2021
11am EDT | 4pm BST



Overview




ANJULI PANDIT
HEAD, SUSTAINABLE BONDS, EMEA AND AMERICAS
HSBC

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VIVIAN HUNT
SENIOR PARTNER, LONDON 
MCKINSEY & COMPANY

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MARK R. KRAMER
SENIOR LECTURER
HARVARD BUSINESS SCHOOL

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ALICE FULWOOD
WALL STREET CORRESPONDENT
THE ECONOMIST

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MARK R. KRAMER
SENIOR LECTURER 
HARVARD BUSINESS SCHOOL

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