BFM Podcast

US Corporate Look Beyond Profits to Fix Capitalism

Tan KW
Publish date: Tue, 20 Aug 2019, 12:32 PM

20-Aug-19 07:35

US

 

The Business Roundtable comprising 200 of America’s biggest and most powerful companies with a combined $7 trillion in revenue has issued a new statement of purpose which forgoes the profit maximising ethos. The new creed calls for environmental protection and workers’ rights. While this may be a defence mechanism to counter rising populist anger towards inequality, not everyone thinks this will be easy to implement.

Discussions
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qqq3

does that mean end of Reagan era........and start of better era...........?

if shareholder is not every thing, then stock market is also not every thing............

2019-08-20 12:57

qqq3

a new era of all stakeholder interest, not just the 1%.....................

2019-08-20 12:57

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