NEW YORK: BlackRock Inc chief executive officer Larry Fink (pic) urged companies to engage with all stakeholders to secure long-term profitability, defending his approach to capitalism as the head of the world’s largest asset manager.
In his annual letter to CEOs, Fink said capitalism is driven by mutually beneficial relationships “between you and the employees, customers, suppliers, and communities your company relies on to prosper.”
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!