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.