Younger and Partnoy's article in Financial Times seeks to revise The Communist Manifesto to promote shareholder activism - wherein shareholders of a company, operating as partial owners, would put pressure on the company management to enact reforms - as the new revolutionary act best poised to transform corporations and lead to a more equal society. If you are convinced by their argument, please explain why with one or two examples of how you could imagine this activity creating social change. If you don't agree with them, please explain why not and provide one or two actions you think could be taken to increase shareholder activism's potential for social change. Please write at least 4 sentences.
Younger and Partnoy's article in Financial Times seeks to revise The Communist Manifesto to promote shareholder activism - wherein shareholders of a company, operating as partial owners, would put pressure on the company management to enact reforms - as the new revolutionary act best poised to transform corporations and lead to a more equal society. If you are convinced by their argument, please explain why with one or two examples of how you could imagine this activity creating social change. If you don't agree with them, please explain why not and provide one or two actions you think could be taken to increase shareholder activism's potential for social change. Please write at least 4 sentences.
Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
Section: Chapter Questions
Problem 1RQ1
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Younger and Partnoy's article in Financial Times seeks to revise The Communist Manifesto to promote shareholder activism - wherein shareholders of a company, operating as partial owners, would put pressure on the company management to enact reforms - as the new revolutionary act best poised to transform corporations and lead to a more equal society. If you are convinced by their argument, please explain why with one or two examples of how you could imagine this activity creating social change. If you don't agree with them, please explain why not and provide one or two actions you think could be taken to increase shareholder activism's potential for social change. Please write at least 4 sentences.
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