Publication Type
News Article
Version
acceptedVersion
Publication Date
3-2022
Abstract
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.
Discipline
Asian Studies | Business Organizations Law
Research Areas
Asian and Comparative Legal Systems
Publication
Business Times (Singapore)
First Page
1
Last Page
3
ISSN
1733-8179
Publisher
Singapore Press Holdings
Citation
PUCHNIAK, Dan W..
No need for Asia to be woke - Responsible capitalism through an Asian lens. (2022). Business Times (Singapore). 1-3.
Available at: https://ink.library.smu.edu.sg/sol_research/4030
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