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1. You are one of the CEOs who received Fink's letter on linking purpose and profits. Now that you have read the letter, what are your thoughts and how will you respond?
2. Why do you think Fink has made this written announcement declaring BlackRock's view on linking purpose to profits?
3. Is this declaration good for business? Consider this from the perspective of a) corporations and b) the market.
4. How can we judge and measure a corporation's purpose and progress on these issues of linking purpose to profits?
5. What can Novick and Edkins do to translate this declaration into actions? How can they enforce BlackRock's stand on purpose? 6. BlackRock needs to assess what the right amount of engagement and stewardship it should undertake. Would you recommend Novick and Edkins undertake more or less stewardship? What do you think of Fink's shareholder engagement plan?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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