The 2025 Castle Lecture in EP&E: The Role of Private Corporations in Society
Автор: Yale University
Загружено: 2025-04-25
Просмотров: 1998
Описание:
What Do US Corporations Say They Do? Evidence from Letters from CEOs to Shareholders, April 3, 2025
Professor Raghuram Rajan, Katherin Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business delivered two lectures on the following: As US corporations backpedal furiously from their previous commitments on climate and diversity, equity, and inclusion, it is instructive to revisit the role of private corporations in society. In the first lecture, Dr. Rajan will examine theories of why we have corporations and draw from those what social responsibilities corporations might reasonably be expected to have. In the second lecture, Dr. Rajan will examine what large US corporate CEOs have said their corporations are doing in perhaps their most public formal statement, their annual letter to shareholders. He will analyze these letters from 1955. He will then discuss what we can conclude from the evidence and the theories on the role of corporations in society.
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