Thursday, March 27, 2014

Abela Sides with Meyerson | National Catholic Reporter

Abela Sides with Meyerson | National Catholic Reporter by MSW.  MGB: Most business ethicists believe in multple stakeholders, although I don't see how that works when only shareholders vote.  Frankly, shareholders have a hard time actually controlling management.  A better system would be cooperatives owned by the employees which contain not only more of their supply and distribution chains, but also provide more services to members, like finance, home construction, free lunch at the cafeteria and even schools for the children of employees and vacation homes for use once a year.  Of course, this leads to mostly shareholder voting - but more stakeholders ARE shareholders.

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