How to prevent corporate corruption with Eric Ries
Summary
Adam Grant interviews entrepreneur Eric Ries about his book *Incorruptible*, which argues that corporate corruption stems from shareholder primacy rather than inevitability. Ries shares his experience founding the Long-Term Stock Exchange and details how alternative governance structures, like industrial foundations, help companies resist short-term pressures. He proposes "mission primacy" and specific structural reforms to build durable, ethical organizations that prioritize long-term value over quarterly profits.
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