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why did New Zealand add a new subsection to the NZ Companies Act 1993 (subsection 131(5)) to expressly state that directors may consider matters other

why did New Zealand add a new subsection to theNZ Companies Act 1993(subsection 131(5)) to expressly state that directors "may consider matters other than the maximisation of profit (for example, environmental, social and governance matters)" in meeting their duty toact in the best interests of the company?

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