1. Group of Top CEOs says Maximizing Shareholder Profits No Longer can be the Primary Goal of Corporations

    Group of Top CEOs says Maximizing Shareholder Profits No Longer can be the Primary Goal of Corporations

    The new statement, released Monday by the Business Roundtable -- whose members are CEOs of America’s largest companies -- suggests balancing the needs of a company’s various constituencies and comes at a time of widening income inequality, rising expectations for corporate behavior and proposals from Democratic lawmakers that aim to restructure American capitalism...

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    1. Each of our stakeholders is essential.
    2. The Business Roundtable wishes to emphasize that the principal objective of a business enterprise is to generate economic returns to its owners.
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