Redefinition of Corporate Purpose: Progress Report
by David E Shaw, Just Capital Advisor
Today marks the one year anniversary of the Business Roundtable’s landmark redefinition of corporate purpose. In the last 12 months, there has been a robust debate about whether corporate America is really walking the talk when it comes to shifting from shareholder primacy in favor of serving all stakeholders.
On this important anniversary date, on behalf of Just Capital, I am sharing new polling data taking the pulse of the public regarding this shift, along with new analysis about how BRT signatories have actually done on supporting stakeholders on some of the most critical stakeholder issues of 2020: COVID-19 and Racial Equity. Read more HERE.