Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations

Published: 19/08/2019
Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations
Source: WWW.WASHINGTONPOST.COM

The new statement, released Monday by the Business Roundtable -- whose members are CEOs of America’s largest companies -- suggests balancing the needs of a company’s various constituencies and comes at a time of widening income inequality, rising expectations for corporate behavior and proposals from Democratic lawmakers that aim to restructure American capitalism.

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