This summer, some of the world's biggest companies quietly abandoned one of the key tenets of US capitalism for the last half century or so - the primacy of shareholders, or the idea that companies primarily exist to serve the needs of shareholders.
This summer, some of the world's biggest companies quietly abandoned one of the key tenets of US capitalism for the last half century or so - the primacy of shareholders, or the idea that companies primarily exist to serve the needs of shareholders.