Finance

Outside the Box: Here’s evidence that putting customers and employees first turns out to be profitable for a company’s stockholders too

In 2019, the Business Roundtable, an elite lobbying group of U.S. executives, adopted a statement of corporate purpose that some say puts the interests of workers and communities above those of shareholders. In this view, the Roundtable rejected shareholder-centered statements of corporate purpose, such as that of economist Milton Friedman, who wrote in 1970 that […]