CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Wholesale Idiots: The CEOs of nearly 200 companies just said shareholder value is no longer their main objective Mon Aug 19, 2019 6:27 pm | |
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- The Business Roundtable, a group of chief executive officers of nearly 200 major U.S. corporations, issues a statement with a new definition of the “purpose of a corporation.”
- The reimagined idea of a corporation drops the age-old notion that they function first and foremost to serve their shareholders and maximize profits.
- Investing in employees, delivering value to customers, dealing ethically with suppliers and supporting outside communities are now at the forefront of American business goals.
https://www.cnbc.com/2019/08/19/the-ceos-of-nearly-two-hundred-companies-say-shareholder-value-is-no-longer-their-main-objective.html
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