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Opinion piece by RSM's Prof. Dirk Schoenmaker & Uni Utrecht's Prof. Rutger Claassen: Social responsibility requires an adjustment of the voting rights. The current dominant position of shareholders in corporate governance fits a business model that is solely focused on financial value creation. If the objective is broadened, a corresponding new accountability of the board is required towards a broader set of stakeholders.
Read the p[iece: https://fd.nl/opinie/1530313/tijd-om-bedrijven-meer-maatschappelijk-te-maken