When the Business Roundtable speaks, do people listen?
Maybe that depends on what the venerable network of US-based CEOs says and what actions they offer to back up their words. This week they declared in a formal joint statement on "the purpose of the corporation" that the duty of business has to extend beyond creating shareholder value.
Do you believe that the formidable and historically quite thoughtful organization is a bona fide alter ego for the collective views of the CEOs of Apple, Pepsi, Walmart, JP Morgan Chase, Bank of America, Amazon, General Motors, Blackrock and others? Then you really want to know what these leaders intend to do next. Right?