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August 20, 2019

Top US CEOs rethink the meaning of shareholder value

By MICHELLE CHAPMAN
AP Business Writer

The “shareholder comes first” has for years been the mantra of the Business Roundtable, a group that represents the most powerful CEOs in America and their thinking.

A new principles on the role of a corporation released Monday implies a foundational shift, putting shareholders on more equal footing with others that have an interest in a corporation to some degree — a group that includes workers, suppliers, customers and, essentially, society at large.


 
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