Results: Top U.S CEO's say people should come before profit!
Published on 08/24/2019
Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday.
The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc., American Airlines, the largest airline in the world; and JPMorgan Chase & Co., the biggest American bank.
Although largely symbolic, the group’s statement goes against a roughly 30-year viewpoint that corporations exist to serve shareholders.
QUESTIONS
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Comments
1.
1.
"The American dream is alive, but fraying," Dimon said in a statement. "Major employers are investing in their workers and communities because they know it is the only way to be successful over the long term." Do you agree/disagree with this statement?
Strongly Agree
31%
947 votes
Agree
30%
903 votes
Neutral
30%
921 votes
Disagree
6%
170 votes
Strongly Disagree
3%
97 votes
2.
2.
In your opinion, corporations think more about...: (Select all that apply.) Profits
83%
2518 votes
Customers
16%
493 votes
Society
10%
305 votes
3.
3.
"It is government, not companies, that should shoulder the responsibility of defining and addressing societal objectives with limited or no connection to long-term shareholder value," the Council said. Do you think that it is corporations should be responsible in helping with social welfare activities? Yes
45%
1361 votes
No
19%
576 votes
Undecided
36%
1101 votes
4.
4.
Do you think that the big companies should re-distribute their profits with local communities as part of their Corporate Social Responsibility? Yes
69%
2098 votes
No
31%
940 votes
COMMENTS