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Can Companies Choose Their Corporate Purpose? - Ideas for Leaders

Can Companies Choose Their Corporate Purpose?

Idea #865

Can Companies Choose Their Corporate Purpose?

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Photo by David Iskander on Unsplash
Photo by David Iskander on Unsplash

KEY CONCEPT

The current debate on “the purpose of a corporation” overlooks the duality of corporate purpose—that is, the freedom of individual corporations to choose their purpose on the one hand and the cultural, legal, and institutional constraints that in reality require corporations as a whole to focus on shareholder interests.


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Idea conceived

October 12, 2023

Idea posted

Nov 2023
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