BlackRock: Linking Purpose to Profit

Now that you have read theletter, what are your thoughts and how will you respond?2. Why do you think Fink has made this writtenannouncement declaring BlackRock’s view on linkingpurpose to profits?3. Is this declaration good for business? Consider this fromthe perspective of a) corporations and b) the market.4. How can we judge and measure a corporation’s purposeand progress on these issues of linking purpose to profits?5. What can Novick and Edkins do to translate thisdeclaration into actions? How can they enforceBlackRock’s stand on purpose?6. BlackRock needs to assess what the right amount ofengagement and stewardship it should undertake. Wouldyou recommend Novick and Edkins undertake more orless stewardship? What do you think of Fink’s shareholderengagement plan?