Davos: why stakeholder capitalism is under attack

What is the primary focus of the World Economic Forum's annual meeting in Davos?

• Setting visions for the future of business

• Discussing global political issues

• Addressing climate change exclusively

• Promoting tourism in Switzerland

Which philosophy did stakeholder capitalism emerge as a reaction against?

• Globalization

• Environmental activism

• Profit-seeking capitalism

• Socialist economics

Who were some of the political figures associated with promoting profit-seeking capitalism in the 1980s?

• Angela Merkel and Emmanuel Macron

• Winston Churchill and Franklin D. Roosevelt

• Ronald Reagan and Margaret Thatcher

• John F. Kennedy and Lyndon B. Johnson

What is a major concern critics have about stakeholder capitalism?

• It may lead to increased taxes

• It ignores the needs of employees

• It could conflict with fiduciary duties to investors

• It focuses too much on technological innovation

How do critics view the role of corporate leaders in stakeholder capitalism?

• As beneficial for small businesses

• As a way to reduce corporate taxes

• As potentially too powerful in shaping societal responses

• As irrelevant to environmental issues