Question
The Editorial Board of the Financial Times reported in August 2019 the revision of the statement on the purpose of a corporation by the Business
The Editorial Board of the Financial Times reported in August 2019 the revision of the statement on the purpose of a corporation by the Business Roundtable: "An important shift may be under way in corporate America. The largest US business group has replaced the long-held view that maximising shareholder value is the defining corporate goal with a more inclusive vision that takes account of other stakeholders. Explicitly elevating broader interests such as those of employees, the environment and customers is intended to set a new standard for companies across the US." You can find additional information at https://opportunity.businessroundtable.org/ourcommitment/.
Discuss in less than 500 words whether corporations should primarily be responsible to shareholders or to a broader set of stakeholders.
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