word
stakeholder capitalism
STAYK-hohl-der KAP-ih-tul-iz-um
ˈsteɪkhoʊldər ˈkæpɪtəlɪzəmListen
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Syllable breakdown
stakeholdercapitalism
Dictionary meaning
economic model in which corporations serve not only shareholders but all stakeholders including employees, customers, communities, and the environment; contrasts with shareholder primacy theory; popularized by the World Economic Forum and endorsed by the Business Roundtable in 2019; seeks to align corporate behavior with broader societal goals
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