Want purpose-driven businesses? Rethink ownership.

A brief exploration of the shortcomings of traditional corporate governance and an analysis and exploration of the benefits of steward-ownership, a public-purpose approach to governance of for-profit organizations. 

Excerpt from the article: "Meaningful change requires us to address the fundamental structural deficiencies of our system, by rethinking the goals and incentives that guide decision-making in companies. We need to ask ourselves: who holds power and what is motivating their decisions? To create new solutions that harness the potential of capitalism (entrepreneurship, innovation, competition, a decentralized economy) and move beyond its failures (greed, consolidation, inequality), we must challenge one of the fundamental paradigms of capitalism: the understanding and definition of corporate ownership."

Published by Purpose Network

Languages
Sectors