Business Purpose Aligns with Social Purpose

Amelia Miazad
Amelia Miazad

Berkeley Law’s leading role in calling for corporations to value societal needs as well as profits was featured recently on the front page of the Financial Times. Our Business in Society Institute studies the private sector’s growing focus on all their stakeholders, not just shareholders. A recent paper by professors Stavros Gadinis and Amelia Miazad ’02 reveals how this focus on stakeholders helps companies mitigate risk and should be part of the board’s fiduciary duties.