Stakeholder Capitalism Quotes

“One compelling argument for ethical governance is that it promotes trust. Trust is the bedrock of any healthy relationship, including those between a company and its stakeholders.”
― Hendrith Vanlon Smith Jr., The Virtuous Boardroom: How Ethical Corporate Governance Can Cultivate Company Success

“When your business prioritizes the wellbeing of all of its stakeholders, then all of those stakeholders gain respect for the business and your business can utilize that respect as a sort of currency and a means to accomplish business objectives.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“When we apply the principles of permaculture to business operations - we end up with more profitable businesses, more resilient businesses, and businesses that holistically add value to all stakeholders.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth, Business Essentials

“Trust acts as a buffer, mitigating reputational damage and fostering understanding and support from stakeholders.”
― Hendrith Vanlon Smith Jr.

“Companies must anticipate potential crises, develop response plans, and establish clear communication channels to effectively address stakeholder concerns and mitigate reputational damage.”
― Hendrith Vanlon Smith Jr., The Virtuous Boardroom: How Ethical Corporate Governance Can Cultivate Company Success