Companies Show Rising Support For Public Benefit Corporate Governance

Amalgamated is the first publicly traded financial institution that is a public benefit corporation … [+] (a “PBC”), showing the bank’s commitment to creating public benefit and sustainable value, in addition to generating profit for shareholders. Amalgamated Financial Corp. Despite the focus on stakeholder management from leading actors such as the Business Roundtable (BRT), and large investors […]

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China’s Tech Giants Targeted With New Anti-Monopoly Rules

An employee walks through the campus of the Alibaba’s headquarters during the annual Singles’ Day … [+] online shopping event in Hangzhou, China, on Monday, Nov. 11, 2019. Qilai Shen/Bloomberg Chinese authorities released a new set of rules aimed at clamping down on the country’s dominant internet platforms, which are accused of engaging in a […]

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Sales Of Sido Muncul’s Herbal Remedies Soared As The Pandemic Hit Indonesia Hard

AHMAD ZAMRONI/HKV/FORBES INDONESIA This story is part of Forbes’ coverage of Indonesia’s Richest 2020. See the full list here. Indonesia’s largest herbal products maker is feeling fit as health-conscious consumers snapped up its products during the pandemic. Net profit at Industri Jamu dan Farmasi Sido Muncul rose 11% to 641 billion rupiah ($41 million) in the […]

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