The Business Roundtable’s Model of Capitalism Does Pay Off – Wall Street Journal

Our research suggests these companies stack up well when it comes to corporate effectiveness

When the Business Roundtable said in August that its members had embraced a model of capitalism that takes into account the interests of all corporate stakeholders—and thereby renounced the idea that shareholders should always come first—it painted the move as one part affirmation, one part aspiration.

JPMorgan Chase & Co. CEO Jamie Dimon, the organization’s chairman, said in unveiling the Business Roundtable’s statement on “the purpose of a corporation” that it “more accurately reflects how our CEOs and their companies…

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