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      • In 2019, the BRT redefined its definition of the purpose of a corporation as participating in stakeholder capitalism, putting the interests of employees, customers, suppliers, and communities on par with shareholders.
      en.wikipedia.org/wiki/Business_Roundtable

      Business Roundtable - Wikipedia

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

    Aug 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.

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

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

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      Business Roundtable advocates for policies to ensure that...

  4. purpose.businessroundtable.orgBusiness Roundtable - 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.

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  6. opportunity.businessroundtable.org › ourcommitmentStatement on the Purpose of a Corporation - Business Roundtable

    Since 1978, Business Roundtable has periodically issued Principles of Corporate Governance that include language on the purpose of a corporation. Each version of that document issued since 1997 has stated that corporations exist principally to serve their shareholders.

    • Is the Business Roundtable a 'purpose of a corporation'?1
    • Is the Business Roundtable a 'purpose of a corporation'?2
    • Is the Business Roundtable a 'purpose of a corporation'?3
    • Is the Business Roundtable a 'purpose of a corporation'?4
    • Is the Business Roundtable a 'purpose of a corporation'?5

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

    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...

  8. www.businessroundtable.org › redefined-purpose-ofRedefined Purpose of a Corporation: Welcoming the Debate

    Aug 25, 2019 · The new Business Roundtable Statement on the Purpose of a Corporation has received a great deal of support, as well as questions and criticisms. We’ve welcomed the debate and the opportunity to engage both supporters and critics.

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

    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...

  10. corpgov.law.harvard.edu › 2019/09/26 › analysis-ofAnalysis of the Business Roundtable Statement

    Sep 26, 2019 · The Business Roundtable recently issued a much commented upon Statement on the Purpose of a Corporation (the “Statement”). The Statement purports to redefine the purpose of a corporation as a commitment to all of its stakeholders, including customers, employees, suppliers, communities and, finally, shareholders.