Top US CEOs rethink the meaning of shareholder value
The “shareholder comes first” has for years been the mantra of the Business Roundtable, a group that represents the most powerful CEOs in America and their thinking.A new principles on the role of a corporation released Monday implies a foundational shift, putting shareholders on more equal footing with others that have an interest in a corporation to some degree ” a group that includes workers, suppliers, customers and, essentially, society at large.”We know that many […]