ANN CROTTY: Power to the people
Remove middlemen and let the millions of investors speak for themselves
12 September 2019 - 05:00
The Business Roundtable, a powerful lobby group representing most large firms in the US, looks like it might ditch the long-held notion that the primary purpose of a company is to advance the interests of shareholders.
The group recently signed up to the belief that corporations "share a fundamental commitment to all of our stakeholders", which means employees, communities and suppliers; it even includes the environment...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.