Group of top CEOs redefines corporations’ purpose, moves away from ‘shareholder primacy’ – The Washington Post

https://www.washingtonpost.com/business/2019/08/19/lobbying-group-powerful-ceos-is-rethinking-how-it-defines-corporations-purpose/

Money and multinationals are not patriotic, so why the focus on “Americans” and “our country”? Communities, yes. Stable geopolitics, yes. Is the Business Roundtable particularly American, somehow? Are there similar organizations in Europe & Asia, with similar statements?

«“Americans deserve an economy that allows each person to succeed through hard work and creativity and to lead a life of meaning and dignity,” reads the statement from the organization, which is chaired by JPMorgan Chase CEO Jamie Dimon.

The group says its members “share a fundamental commitment to all of our stakeholders,” and commit to doing well by their customers, employees, suppliers and local communities. “Each of our stakeholders is essential,” the group adds. “We commit to deliver value to all of them, for the future success of our companies, our communities and our country.”»

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