Corporate Governance Shell Games — The Business Roundtable gets caught pocketing the pea

In August of last year, a Business Roundtable press release proudly announced that the “Business Roundtable Redefines the Purpose of a Corporation to Promote ‘An Economy That Serves All Americans.’” Roundtable statements carry weight because the Roundtable comprises over 180 CEOs of global companies. This particular statement presented itself as a big deal because it …

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