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K2 Integrity

Statement on the Purpose of a Corporation: Will a Stakeholder-Driven Agenda Trump Shareholder Value?

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On a Monday during the dog days of August 2019, a group of 181 chief executives signed a “Statement on the Purpose of a Corporation” affirming that the U.S.’s largest corporations have a “fundamental commitment” to “all...more

Cooley LLP

Blog: Business Roundtable says so long to shareholder primacy—commits to deliver value to all stakeholders

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In a press release issued today, the Business Roundtable announced the adoption of a new Statement on the Purpose of a Corporation, signed by 181 well-known, high-powered CEOs. What’s newsworthy here is that the Statement...more

Jones Day

NYC Pension Funds Set Their Sights on Board Diversity

Jones Day on

The Background: The NYC Pension Funds, which led the largely successful campaign to implement proxy access rights across corporate America, have launched a new crusade to improve the diversity of corporate boards....more

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