Viewpoint: Stakeholder Capitalism: Intention is the First Step toward Accountability
Monday, August 26, 2019
By Catherine Clark
My inbox and twitter feed have been flooded since Monday. That is the date the Business Roundtable, a lobbying group composed of the nation’s leading CEOs, released a new Statement on the Purpose of a Corporation signed by 181 CEOs.
The group’s website says the release outlines a modern standard for corporate responsibility that supersedes all previous statements of corporate governance. This is a big deal – governance sets the fundamental rules of the game under which all businesses must operate. What do America’s CEOs want to change about those rules?
Photo courtesy of Helloquence.