A global pandemic, supply chain shocks, and rising geopolitical tensions have elevated the importance of national security for business leaders. A new survey showed that company executives in the United States rate their home country as a top stakeholder, placing it above shareholders and customers.
The days when the companies fixated only on creating long-term value for shareholders seem to be coming to an end. Business leaders are shifting their focus to a stakeholder model from shareholder value, and for many multinational firms, the home country is now emerging as a powerful new dimension among stakeholders.