This Human Business

Purpose Washing from the Business Roundtable

This morning, Americans woke up to a surprising headline from the Washington Post: - Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations - The story referred to a document signed by 181 CEOs called the Statement on the Purpose of a Corporation. Is it true, though? Does what does the document actually say, and what does it mean? This special episode reads through the document itself, and looks at the hard truth from the evidence of its corporate signatories have actually done.

Brought to you by Jonathan Cook of This Human Business