CEOs in the Business Roundtable have agreed that a public company exists to serve all stakeholders, including customers, employees, and shareholders.
The Business Roundtable, an association of CEOs of many of America's largest companies, announced Monday in a statement that it now views the purpose of a company to be not just for shareholders, but for all stakeholders — like customers, employees, and communities. Among the 181 signatories are the CEOs of Amazon, Apple, BlackRock, IBM, JPMorgan Chase, and Walmart. This article is part of Business Insider's ongoing series on Better Capitalism. Visit BusinessInsider.com for more stories.
The Business Roundtable, an association of CEOs of many of America's largest companies, announced Monday in a statement that it now views the purpose of a company to be not just for shareholders, but for all stakeholders — like customers, employees, and communities. Among the 181 signatories are the CEOs of Amazon, Apple, BlackRock, IBM, JPMorgan Chase, and Walmart. This article is part of Business Insider's ongoing series on Better Capitalism. Visit BusinessInsider.com for more stories.
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