Hacker News new | ask | show | jobs
by falcolas 1490 days ago
Shareholders are not the only stakeholders who should be considered in a company.

"The purpose of a corporation is to ... create value over the long-term, which requires consideration of the stakeholders ... (shareholders, employees, customers, suppliers, creditors and communities) ..."

https://corpgov.law.harvard.edu/2020/05/27/on-the-purpose-of...

1 comments

> Shareholders are not the only stakeholders who should be considered in a company

Sure. (Though this is far from settled.) But saying this was the "original...purpose of a company" is inaccurate.