jan 5, 2020 - "Why Stakeholder Capitalism Will Fail" Forbes 2020, Jan 5 "Professor Schwab...developed and promoted the ‘stakeholder’ management approach" -WEF, History

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Initially, Professor Schwab focused the meetings on how European firms could catch up with US management practices. He also developed and promoted the ‘stakeholder’ management approach, which based corporate success on managers taking account of all interests: not merely shareholders, clients and customers, but employees and the communities within which they operate, including government.

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