BOOKS: Robert Monk’s “Citizens Dis-United” — an articulate argument for change from a one-time Wall Street insider

From his perch on the coast of Maine, an octogenerian steeped in the ways of Wall Street investing and governance is fighting a battle for change.  In his book, Citizens DisUnited: ...

NEWS: Boston Globe profiles Ceres marking 25 years pushing corporate environmental sustainability practices

The Boston Globe profiled the 501(c)3 nonprofit Ceres, founded in 1989 as the Coalition for Enviromentally Responsible Economies (CERES), and now with a $10.7-million budget and with a goal of ...

BOOK: The “myth” of shareholder primacy stands at the brink of intellectual failure, Stout writes

Book author Lynn Stout produced The Shareholder Myth in 2012 to challenge the advancement of “shareholder value” as the exclusive guiding principle of corporations. Stout, a Cornell Law School professor, debunks ...

CalPERS pension fund includes public interest as central to investing decisions

The changing relationship between corporations and society is at play in the evolving investing strategies of pension funds. Rather than electing to exclusively pursue the strongest possible financial returns, some ...

Elizabeth Murdoch: Money not the only “effective measure of all things” or free market “only sorting mechanism”

“As an industry — and indeed as a global society — we have become trapped in our own rhetoric. We need to learn how to be comfortable with articulating purpose and ...

BOSTON GLOBE: Is ‘shareholder value’ bad for business?

What is the purpose and structure of the modern corporation, and what are the consequences when management takes a short-term approach to meeting corporate goals? . In a recent article, ...

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