I’m working on a english question and need an explanation and answer to help me learn.
.Larry Fink has written an annual letter to shareholders that has increasingly advanced the idea that long-term purpose matters as much as, if not more than, short-term profits. In what ways were his more recent letters (2021, 2020) even more ambitious in this regard than the prior letters, and what does that mean for the future of business?A Sense of Purpose
Articles
The majority of your time this week should be spent reading through these articles. As
you do, consider the authors and the audience: why would Fink and Coulter take this
approach, and what will it mean for the future of market development, business
innovation, and overall economic trends?
A Sense of Purpose
Fink, L. (2018, January 17). A sense of purpose. (Links to an external site.) Harvard Law
School Forum on Corporate Governance.
Profit and Purpose
Fink, L. (2019). Profit & purpose. (Links to an external site.) BlackRock.
A Fundamental Reshaping of Finance
Fink, L. (2020). A fundamental reshaping of finance. (Links to an external
site.) BlackRock.
Letter to CEOs
Fink, L. (2021, January 30). Letter to CEOs (Links to an external site.). Harvard Law School
Forum on Corporate Governance.
TPG Announces $5.4 Billion First Close of TPG Rise Climate Fund
Business Wire. (2021, July 27). TPG announces $5.4 billion first close of TPG Rise Climate
Fund. (Links to an external site.) Business Wire.
The Education of Jim Coulter
Rose-Smith, I. (2021, July 19). The education of Jim Coulter, or: How private equity
learned to stop worrying and love ESG. (Links to an external site.) Impact Alpha.
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