Shareholder value has always been a corporation's focus. But the peak of the economic crisis in 2008, however, accelerated a nascent trend and emphasized a shift from shareholder to stakeholder value.
More U.S. organizations are taking climate change seriously and have committed to emissions reduction targets in line with the Paris Agreement.
Throughout U.S. history, business leaders were as renowned for shaping public opinion as they were for private sector leadership. Yet, the concept of CEO as corporate statesman has been a matter of debate.
How a former airline catering business CEO and a former lifestyle and media company CEO got involved with a donor-advised fund
“About 25 years ago, sitting at my desk contemplating a fifth, sixth and seventh hotel, it occurred to me I had been blessed beyond anything I had ever imagined and it was time for me to acknowledge the presence of God and also to try to offer a helping hand to people who need it."
Fairly or unfairly, Chicago has become known as the modern-day “Murder Capital USA.” And the perception puts CEOs of Chicago-based companies on the spot in more ways than one.
Guide to Giving Part 1 - How a former investment services exec created a supporting foundation
Across America, CEOs and their companies are responding to the urgent need to overhaul the education system, because they want to continue to maintain the nation’s edge in digital tech.
Kimberly-Clark is attracting digitally enterprising millennials to its North American consumer-products business, which is headquartered in relatively bucolic northeastern Wisconsin.
Whether CEOs dropped out of the Business Council or stayed, many vocally opposed President Trump's decision to drop out of the Paris climate accord.