Corporate Value Statements and Organisational Philosophy

This week’s topics

Corporate Value Statements and Organisational Philosophy

1. Shareholder vs stakeholder primacy models
2. Strategic articulation of mission and vision
3. ESG integration and corporate culture
4. Historical alignment of values with business execution
5. Shareholder Primacy & the Business Roundtable Statement
6. Capitalism The Great Debate - Stakeholder v Shareholder
7. Lecture 13: Developing a Company’s Mission Statement and Linking it with Company’s Core Values

What you will be able to do

• 3.1 Explain the current value statement of a named business organisation.
• 3.2 Explain how a named business organisation achieved its values.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the current value statement of a named business organisation.

Study materials

Videos

• Shareholder Primacy & the Business Roundtable Statement · YouTube · Columbia Business School · 38 min · for registered students
• Capitalism The Great Debate - Stakeholder v Shareholder · YouTube · Saïd Business School, University of Oxford · 61 min · for registered students
• Shareholder Value to Stakeholder Interests: CEO Capitulation or Empty Doublespeak? · YouTube · Aswath Damodaran · 33 min · for registered students

Further resources

• Principles of Management, ch. 4: Developing Mission, Vision, and Values · PDF · Saylor Academy, textbook chapter; pp. 129–172 · for registered students
• Corporate Governance, ch. 2: Governance and Accountability · PDF · Saylor Academy, textbook chapter; pp. 27–50 · for registered students
• Mastering Strategic Management, ch. 2: Leading Strategically · PDF · Saylor Academy, textbook chapter; pp. 37–70 · for registered students