Putting the needs of shareholders above all else has been the leading aim of the US corporation for decades. The Business Roundtable, an influential association of the top bosses of America’s most noteworthy firms, is seeking to alter that singular focus. Alan Murray, head of Fortune magazine, pens a succinct yet wide-ranging look at what is prompting these executives to rethink capitalism’s mission, at a time in which employees, customers, suppliers and voters are demanding greater accountability from their leaders. Readers could regard this insightful analysis as a manifesto for corporate change.
About the Author
Alan Murray is president and CEO of Fortune magazine.
Comment on this summary
In our Journal
3 years ago
The Davos Manifesto 2020
Ushering in a New Era of Stakeholder Capitalism What is the purpose of a company? To make money? To make the world a better place? Or perhaps both? Views on this question are shifting, even among the upper echelons of major organizations themselves. The Business Roundtable, which represents the leaders of America’s largest corporations issued […]