BEGIN:VCALENDAR
PRODID:-//Session events Calendar//IBA//EN
CALSCALE:GREGORIAN
VERSION:2.0
BEGIN:VEVENT
DTSTAMP:20260415T204516Z
DTSTART:20220919T121500Z
DTEND:20220919T134500Z
SUMMARY:The role of the corporation in society\; shareholder value vs sta
 keholder model
DESCRIPTION:Institutional investors\, employees\, customers\, governments
 \nand regulators and the broader society have increasingly high\nexpecta
 tions of companies. These high expectations extend to\ncorporate purpose
 \, corporate impact and capital allocation and\nraise the question of wh
 ether a short-term focus on maximizing\nstock prices and shareholder val
 ue has had unintended\nconsequences\, undermined sustainable and resilie
 nt business\nmodels and even reduced long-term profi tability.\nHow comp
 anies have been navigating the COVID-19 pandemic\,\ngeopolitical shocks 
 and the war in Ukraine\, intensifying social\ninequalities and unrest\, 
 climate change\, infl ation\, employee\ndemands and ESG and stakeholder-
 driven concerns alongside\ninvestor pressure have only sharpened the imp
 ortance of these\nissues and revealed the stakes involved.\nThis panel w
 ill feature a vigorous debate and discussion on\nwhether a vision for co
 rporate purpose that empowers the\nprivate sector to look beyond immedia
 te stock prices and\nbalance and prioritize a wide range of stakeholder 
 interests\n(including employees\, customers\, suppliers\, communities an
 d the\neconomic and society as a whole) is realistic and the prospects f
 or\ncorporations delivering on broader corporate responsibilities and\na
 chieving stronger and sustained profi tability and impact for the\nbenef
 i t of all constituencies—including a renewed embrace of a\nreinvigorate
 d capitalism. It will also address emerging regulatory\nresponses and ho
 w boards of directors\, CEOs and policymakers\nare navigating and short-
 termist pressures\, hedge fund activist\nattacks\, ESG-related activism\
 , proxy advisory fi rm withhold\nrecommendations related to social issue
 s. Renewed efforts by\nthe Business Roundtable\, World Economic Forum In
 ternational\nBusiness Council and other private sector efforts to defi n
 e and\nmeasure corporate success in ways that embrace stakeholders as\nw
 ell as shareholders will also be discussed.
LOCATION:
UID:4cd479fd-4b2f-45cd-be15-ea7ee0b5fc37
END:VEVENT
END:VCALENDAR