US Corporates Look Beyond Profits to Fix Capitalism

20-Aug-19 07:35

US Corporates Look Beyond Profits to Fix Capitalism

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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.

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Categories: Business Analysis, Investments

Tags: Business Roundtable, Shareholders, Capitalism,

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