Six Reasons We Don’t Trust the New “Stakeholder” Promise from the Business Roundtable
5 min readSep 2, 2019
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A new statement from the Business Roundtable commits to stakeholder interests instead of making the primary purpose of the company shareholder value. Long-term shareholders are increasingly committed to explicitly ESG investing, which values stakeholder interests as a way to minimize investment risk. But I am skeptical about what the CEO…