Are CEOs Truly Committed to Purpose Beyond Profit?

In a nod to Election Day, Leadership Next is engaging in a hallmark of American democracy: debate. Part of the thesis on this podcast is that business is changing. The best leaders recognize that to motivate their employees, customers - and sometimes their investors - they need a purpose beyond profit. And they need to be willing to address some big social problems like climate change and inequality that may be seen as existential threats to society and therefore to their businesses.  But of course not everyone agrees. Harvard Law's Lucian Bebchuk calls the promise of stakeholder capitalism "illusory." He joins Alan Murray and Ellen McGirt, along with Rebecca Henderson who is author of "Reimaging Capitalism in a World on Fire," and a professor at the Harvard Business School. Up for debate: Are the CEOs who profess to focusing on purpose actually following through? What types of incentives are needed to encourage companies to focus on stakeholders? Can companies proclaim a commitment to stakeholders while also spending heavily on lobbying in Washington DC?

Om Podcasten

Something big is happening in the world of business. CEOs increasingly say their jobs have become less about giving orders, more about inspiring, motivating, setting a north star. They are taking the lead on big issues like climate change, worker retraining, and diversity and inclusion. They are under pressure from employees, customers and investors not just to turn a profit, but to prove they are doing good in the world. And in the process, they are fundamentally redefining the relationship between business and society. Join Fortune Executive Editorial Director Diane Brady and Editorial Director Kristin Stoller as they engage global leaders on the insights, experiences and issues you need to know.