One Year Later: Does The Business Roundtable Statement Matter?

Board Perspectives: Risk Oversight, Issue 130

A year ago, the Business Roundtable released its “Purpose of a Corporation” statement expressing a “fundamental commitment” to deliver value to all company stakeholders. Today, as the economy emerges from a terrible pandemic, does this statement matter to directors?

This issue of Board Perspectives provides suggestions that position directors to think more broadly about stakeholder interests as they work with and through the CEO to oversee the company’s affairs and also serve the long-term interests of shareholders.