BlackRock's Larry Fink calls on CEOs to harness 'power' of stakeholder capitalism in new world of work 'redefined' by the pandemic

Center for Stakeholder Capitalism

clock • 3 min read
Larry Fink, CEO and chair of BlackRock
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Larry Fink, CEO and chair of BlackRock

BlackRock CEO Larry Fink has called on CEOs to have “a consistent voice” and “a clear purpose”, given that the pandemic has “redefined” the relationship between a company, its employees and society, but rejected the idea that stakeholder capitalism is about being “woke”.

In his annual letter to the CEOs of the companies BlackRock's clients are invested in, titled ‘The Power of Capitalism', Fink wrote: "In today's globally interconnected world, a company must create value...

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