BlackRock CEO Larry Fink launches Center for Stakeholder Capitalism ... time to test whether companies were really ready to end shareholder primacy. They haven't done great.

As for stakeholder capitalism, that should only be adopted by companies that have, with shareholder approval, specifically renounced shareholder primacy. The retreat from ESG, stakeholder ...

First, in terms of shareholder response ... Wang Yang is head of the Center for Stakeholder Engagement at FleishmanHillard Korea.