HKS Affiliated Authors


What Would It Take to Get Businesses to Focus Less on Shareholder Value? Rebecca Henderson, August 21, 2018, Opinion, "Last week, Massachusetts Senator Elizabeth Warren announced that she’s about to propose the most significant change in U.S. corporate governance in 100 years. We don’t yet have the full details, but one reading of her piece is that she’s going to propose requiring every company with more than $1 billion in revenue to become a “benefit corporation” — a corporation whose fiduciary duty is not only to its shareholders but to all its major “stakeholders.”" Link