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Academia

Imagining values-driven businesses

Customer

A professor and former dean at the Saïd Business School at Oxford University argued in a 2013 book that corporations should restructure around three key principles:

  • First, articulate clear values: why does the company exist, and what does it believe in?
  • Second, appoint “trustees” to protect the interests of stakeholders and uphold the values of the corporation.
  • Third, restrict voting shares to long-term investors - and he also believes that governments should use the corporate tax system to encourage “public values by private corporations”.