Peter Coclanis

Peter Coclanis

Peter Coclanis is Director of the Global Research Institute at the University of North Carolina.

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Eye on Asia | The irony of sages of the West offering stakeholder capitalism to Asia

Given Asian corporate governance issues, the West’s stakeholder campaign merely offers gleeful Asian tycoons new opportunities to financially underperform. Meanwhile, CEOs who support the campaign have been found to furlough staff and cut benefits amid the Covid-19 crisis while paying dividends to shareholders

8 Nov 2020 - 10:36PM

Given Asian corporate governance issues, the West’s stakeholder campaign merely offers gleeful Asian tycoons new opportunities to financially underperform. Meanwhile, CEOs who support the campaign have been found to furlough staff and cut benefits amid the Covid-19 crisis while paying dividends to shareholders

The irony of sages of the West offering stakeholder capitalism to Asia