Ira Millstein: Stakeholder Capitalism Is Slowly Advancing – WSJ

Ira Millstein’s letter calls for more optimism on the BRT’s stakeholder claims, though (1) he admits he has no data to support it and (2) even he does not expect the executives who make the claim of a stakeholder focus to deliver; he thinks it will be the result of market forces from outside the…

Interview With Ira Millstein — WSJ

One of the founding fathers and true visionaries of modern corporate governance is Ira Millstein. The WSJ asked him for his thoughts on the BRT’s stakeholder statement (he says it is not specific enough) and on the state of corporate governance today. An excerpt: In 1979, the Business Roundtable conducted a series of hearings and…