Corporations profiting from privileges and lack of executive accountability

Corporations are a legal construct created by legislation, they can be reeled in by legislation and prosecution of the individuals directing them when they break the law.

Columbia University Business School Professor and Nobel Prize Laureate Joseph Stiglitz discusses global income inequality and what he would do differently in corporate governance to refocus companies back to long term business building and away from an obsession with short term share price moves. Here is a direct video link.

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