Source https://www.foodpolitics.com/2019/08/corporations-will-focus-on-social-values-really/
The Business Roundtable’s Statement (and see B Corporation Statement below)
The Business Roundtable, an organization of corporations, issued a statement last week—in a two-page advertisement with all the signatures in the Wall Street Journal, no less—that got this New York Times headline: Shareholder Value Is No Longer Everything, Top C.E.O.s Say.
What? This is some kind of joke, right?
I’ve been arguing for years that the Shareholder Value Movement, which forced corporations to single-mindedly focus on maximizing profits at the expense of every other societal value—attention to the welfare of workers, farm animals, public health, environmental protection—is responsible for just about everything that is wrong with our food system.
Cor…
Source https://www.foodpolitics.com/2019/08/corporations-will-focus-on-social-values-really/
The Business Roundtable’s Statement (and see B Corporation Statement below)
The Business Roundtable, an organization of corporations, issued a statement last week—in a two-page advertisement with all the signatures in the Wall Street Journal, no less—that got this New York Times headline: Shareholder Value Is No Longer Everything, Top C.E.O.s Say.
What? This is some kind of joke, right?
I’ve been arguing for years that the Shareholder Value Movement, which forced corporations to single-mindedly focus on maximizing profits at the expense of every other societal value—attention to the welfare of workers, farm animals, public health, environmental protection—is responsible for just about everything that is wrong with our food system.
Cor…
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