Corporate Purpose Put to the Test
After years of enthusiasm for business goals focused on ESG objectives and stakeholder capitalism, the debate on corporate purpose is entering a phase of reassessment, amid European regulatory slowdowns, US pushback and new openings in Asia. Beyond political polarization, the core issue is methodological: distinguishing between managerial vision and legal translation. What constitutes strategy and corporate culture in law becomes a matter of definitions, responsibilities and national boundaries that are difficult to reconcile