Question
In 2019 the Business Roundtable moved away from shareholder value as the primary purpose of a firm, to include a broader view of stakeholders. The
In 2019 the Business Roundtable moved away from shareholder value as the primary purpose of a firm, to include a broader view of stakeholders. The updated statement is as follows:
“The American dream is alive, but fraying,” said Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. and Chairman of Business Roundtable. “Major employers are investing in their workers and communities because they know it is the only way to be successful over the long term. These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”
Is this change acceptable? If yes, why? If not, why not?
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Answer Yes this change is acceptable as it promotes a more holistic approach to business operations which takes into account the interests of all stak...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
