Shareholders for Stakeholders: CEOs should safeguard, not silence, engaged investors
Via Impact Alpha: The Business Roundtable’s statement from 181 CEOs committed to pay employees fairly, protect the environment and foster diversity and inclusion. They also committed to transparency and effective engagement with shareholders. The statement confirmed that the purpose of a corporation extends beyond simply generating profits for its shareholders.
And yet, the Roundtable and its members are part of a worrisome push to restrict shareholders’ ability to prompt effective engagement on these very same issues.
Read more: Impact Alpha.