Companies don't need permission from the Business Roundtable to be better corporate citizens
- Written by Erik Gordon, Professor of Business, University of Michigan
A business group that represents the CEOs of America’s most powerful companies recently issued a statement that may sound like a roar.
But it’s actually more of a whimper.
For decades, the Business Roundtable has maintained that the primary purpose of a corporation is to provide returns for its shareholders. The Roundtable –...
