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Expert Analysis - Opinion

Stakeholders Matter By Definition In Corporate Governance

By Alex Dimitrief (September 10, 2019, 4:07 PM EDT) -- Many pundits would have us believe that the world shook in August when the Business Roundtable, a trade association of leading CEOs, issued a new statement on the purpose of a corporation. The Business Roundtable is ostensibly moving away from shareholder primacy to a seemingly less profit-driven paradigm of stakeholder corporate governance, in which companies also commit to delivering value to customers, employees, suppliers and the communities in which they operate....

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