Building a Stakeholder-Capitalism Framework for Private Companies

Let’s be honest. When you hear “stakeholder capitalism,” you probably picture a massive public corporation facing down activist investors or issuing a glossy ESG report. It feels like a game for the big players, right? But here’s the deal: the core idea—that a company’s duty extends beyond shareholders to employees, customers, communities, and the planet—is arguably even more powerful for private businesses. Without the quarterly earnings circus, private companies have more freedom to play the long game. They can bake stakeholder value into their DNA from the start, not as…

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