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Strong corporate purpose correlates with improved financial results, study finds
Covid-19 pandemic further emphasizes benefits of cohesive corporate purpose … companies scoring high on corporate purpose metrics outperform their low-scoring peers on a range of metrics, including financial performance, market valuation and shareholder value creation.
As per investor relations,stakeholder capitalism and corporate purpose should be important only if investors deem them material although the continued evolution of ESG engagement shows dynamicmateriality and definitions can quickly change!
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