Source | Crains |
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Original Load Date | Sept. 20, 2019, 1:01 p.m. |
Last Updated | Sept. 20, 2019, 1:01 p.m. |
Original URL | http://www.chicagobusiness.com/economy/new-capitalism-looking-lot-old-capitalism |
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(Bloomberg)—The Business Roundtable caused a stir last month by declaring the
purpose of a corporation isn’t merely to generate returns for shareholders—the
group’s official line since 1997—but to care for all its stakeholders.
The 300-word statement spurred speculation over how corporate America m...