Larry Fink’s 2022 letter
Blackrock’s CEO Larry Fink’s 2022 annual letter The Power of Capitalism has been to sent to company CEOs. Blackrock’s focus on investing has always been about creating long term value. “In today’s globally interconnected world, a company must create value for and be valued by its full range of stakeholders in order to deliver long-term value for its shareholders. Stakeholder capitalism is capitalism, driven by mutually beneficial relationships between you and the employees, customers, suppliers, and communities your company relies on to prosper. Blackrock, with over $10 trillion in assets under management has a huge voting influence at annual shareholders meeting.”