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Shareholders to stakeholders – the Business Roundtable wants to expand a corporation’s purpose

The Business Roundtable, responding to cultural changes, has broadened what the purpose of a corporation should be. In their article for Bloomberg Law, Tod Northman and Savannah Fox explain that this won’t require directors to disregard their legal duties owed to shareholders, only that the path to profit will change.

Read the article here.

Category: Corporate Governance