Good morning.
Readers of this newsletter know I’m a fan of the “Purpose of a Corporation” statement put out by the Business Roundtable three years ago, marking the end of an era of shareholder primacy, and counting employees, customers, suppliers, the communities they operate in, and the planet all as equal stakeholders in the corporation’s business. Indeed, I published a book this year on the broader change in how corporations are approaching their obligations to society, Tomorrow’s Capitalist.
