August 26

Viewpoint: Stakeholder Capitalism: Intention is the First Step toward Accountability

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.

Source: LinkedIn (link opens in a new window)

business, corporate responsibility, corporate social responsibility, social business, social impact