
The Power of Capitalism
“In today’s globally interconnected world, a company must create value for and be valued by its full range of stakeholders in order to deliver long-term value for its shareholders.” -Larry Fink, CEO, BlackRock
Larry Fink has released his annual letter to CEOs. Since 2018, the BlackRock Chairman and CEO has focused his annual shareholder letters on the power of purpose to transform business and society. This year, Fink explores “The Power of Capitalism,” touching on how the pandemic has “turbocharged” purposeful innovation, the new world of work, and how new capital sources are disrupting industries. Ultimately, Fink notes “companies perform better when they are deliberate about their role in society and act in the interests of their employees, customers, communities, and their shareholders.” We couldn’t agree more.
Learn more:
BlackRock: The Power of Capitalism