A fresh look at how corporations affect the economy and households

James Manyika, Michael Birshan, Sven Smit, Jonathan Woetzel, Kevin Russell, & Lindsay Purcell, McKinsey & Company, 31 May 2021

The role of companies in the economy and their responsibilities to stakeholders and society at large has become a major topic of debate. Yet, there is little clarity or consensus about how their businesses impact the economy and society. This discussion paper assesses how economic value created by companies flows to households in the 37 OECD countries, and how these flows have shifted over the past 25 years. The authors identify patterns in what different types of companies do and how they do it, and how the mix of these companies and their patterns of economic impact have…

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