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   What is a Business Roundtable?

   • The Business Roundtable, comprising CEOs of some of the most influential firms worldwide, renewed its postulates in August 2019, highlighting long-term value creation for stakeholders beyond shareholders (Harrison et al., 2020). ... ...

   On the 2019 Business Roundtable “Statement on the Purpose of a ... - R…

   www.researchgate.net/publication/337990788_On_the_2019_Business_Roundtable_Statement_on_the_Purpose_of_a_Corporation

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   Why did the Business Roundtable redefine the purpose of a corporation?

   • One year ago, the Business Roundtable redefined the Purpose of a Corporation because we believed it was important to articulate our values, share them with the world, and exemplify the principles in our actions.

   Business Roundtable - Purpose of a Corporation

   purpose.businessroundtable.org/

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   How many CEOs are in the Business Roundtable?

   • The Business Roundtable, one of the most preeminent business lobbies in the United States, includes 192 CEOs of leading U.S. companies from Apple to Walmart. Sandwiched between this spare title and 181 signatures was a one-page declaration that ended as follows: “Each of our stakeholders is essential.

   181 Top CEOs Have Realized Companies Need a Purpose Beyond Profit

   hbr.org/2019/08/181-top-ceos-have-realized-companies-need-a-purpose-beyond-profit

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   How did the Business Roundtable work?

   • The Business Roundtable did not provide specifics on how it would carry out its newly stated ideals, offering more of a mission statement than a plan of action. But the companies pledged to compensate employees fairly and provide “important benefits,” as well as training and education.

   Shareholder Value Is No Longer Everything, Top C.E.O.s Say

   www.nytimes.com/2019/08/19/business/business-roundtable-ceos-corporations.html

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2. www.businessroundtable.org › business-roundtableBusiness Roundtable Redefines the Purpose of a Corporation to ...

   www.businessroundtable.org › business-roundtable

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   Aug 19, 2019 · August 19, 2019. Washington – Business Roundtable today announced the release of a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders — customers, employees, suppliers, communities and shareholders.

   • About Us

     Business Roundtable is an association of more than 200 chief...

   • Media

     The latest news, statements and press releases from...

   • Technology

     Business Roundtable advocates for policies to ensure that...

   • Purpose of a Corporation

     On August 19, 2019, 181 CEOs of America’s largest...

3. purpose.businessroundtable.orgBusiness Roundtable - Purpose of a Corporation

   purpose.businessroundtable.org

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   On August 19, 2019, 181 CEOs of America’s largest corporations overturned a 22-year-old policy statement that defined a corporation’s principal purpose as maximizing shareholder return.

4. www.businessroundtable.org › business-roundtableBusiness Roundtable Marks Second Anniversary of Statement on ...

   www.businessroundtable.org › business-roundtable

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   Aug 19, 2021 · Washington - Today, Business Roundtable marked the second anniversary of the 2019 Statement on the Purpose of a Corporation. On August 19, 2019, nearly 200 CEOs of America’s largest companies committed to delivering long-term value to all of their stakeholders.

5. hbr.org › 2019/08/181-top-ceos-have-realized181 Top CEOs Have Realized Companies Need a Purpose Beyond Profit

   hbr.org › 2019/08/181-top-ceos-have-realized

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   Aug 20, 2019 · On August 19 th, 2019, the Business Roundtable (BR) issued a memo entitled “Statement on the Purpose of a Corporation.” The Business Roundtable, one of the most preeminent business lobbies in the...

6. www.businessroundtable.org › five-years-onFive Years On: Corporate Purpose and Profit - Business Roundtable

   www.businessroundtable.org › five-years-on

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   When the Business Roundtable statement was announced in 2019, Fortune ran a headline, “Profits and Purpose: Can Big Business Have it Both Ways?” The answer is yes — companies can and must.

7. www.researchgate.net › publication › 337990788_On(PDF) On the 2019 Business Roundtable “Statement on the ...

   www.researchgate.net › publication › 337990788_On

   Dec 17, 2019 · The Business Roundtable, a large group of top CEOs, recently issued a statement defining the purpose of the corporation in stakeholder terms, a direct and intended reversal from an earlier...

8. www.nytimes.com › 2019/08/19 › businessShareholder Value Is No Longer Everything, Top C.E.O.s Say

   www.nytimes.com › 2019/08/19 › business

   Aug 19, 2019 · Breaking with decades of long-held corporate orthodoxy, the Business Roundtable issued a statement on “the purpose of a corporation,” arguing that companies should no longer advance only the...