What purpose unites shareholders and inspires the executive team?
ReThinking Works • September 1, 2024
Family shareholders often review the company's purpose.
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For decades, the focus of many businesses has been increasing value for shareholders. We are moving into a more conscientious time with companies focusing more on sustainability and purpose. While company purpose and shareholder value may seem at odds with each other, they can be achieved simultaneously. One recent study showed that consumers are 4 times as likely to purchase from a company that has a strong stated purpose.
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