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The New Math of Multistakeholderism

The shift away from a sole focus on financial returns to multistakeholder capitalism has involved a welcome rediscovery of the idea that businesses are social entities. Embracing this strategy requires a combinatorial accounting, taking into consideration the health of five types of stakeholders: employees, partners, and communities, along with investors and customers. This is not easy to achieve, even for companies that say they want to move in this direction.

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