BlackRock's Larry Fink Tells CEOs to Pursue Purpose Along With Profits
- Companies need to go beyond just focusing on profit, he said
- Also urges firms to better prepare workers for retirement
Larry Fink.
Photographer: Justin Chin/Bloomberg
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BlackRock Inc. Chief Executive Officer Larry Fink told global chief executives that they need to take a larger role in social and political issues rather than just focusing on profit.
As governments fail to offer solutions to pressing social problems, people are looking to public and private companies to step in and offer fixes, Fink said in his to CEOs.