Date: 5th October 2016
Author:
Type: In the news
Larry Fink, chairman and chief executive officer of BlackRock, the American multinational investment management corporation and one of the largest money-management firms in the world, is not the most likely person to jump to mind as a supporter of BETTER FINANCE’s struggle for better cooperate governance and shareholder engagement.
Yet, on the 14th of April, in a letter to the world’s biggest business leaders, Fink called for an end to short-termism and instant results. “Many commentators lament the short-term demands of the capital markets. We share those concerns, and believe it is part of our collective role as actors in the global capital markets to challenge that trend,” said Fink in the letter.
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