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Fortune (August 19)

2019/ 08/ 20 by jd in Global News

“Given the immense power large companies exercise in society, the new social consciousness of business surely should be seen as a step in the right direction. At a time when the nation’s political leadership is tied in knots…business leadership is filling the leadership vacuum.” The Business Roundtable, which always prioritized shareholders, “has redefined its mission” to include all stakeholders. In fact, shareholders aren’t even mentioned until word 250 of the 300-word Statement on the Purpose of a Corporation.

 

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