Corporate Purpose

You can’t dismantle a half-century of shareholder primacy, or the scaffolding that supports it, in a day—or even a year.

Corporate governance may not commit physical violence against people of color, but its very design causes real harm.

On August 19, Business Roundtable, a group of CEOs whose voices echo through Wall Street and K Street, released a “Statement on the Purpose of a Corporation.”

Some of our program’s core principles and values are being threatened by the discord in politics and markets that reward narrow, short-term measures of success. Yet there are lots of reasons for hope.

Featuring CEOs Roger Ferguson of TIAA, Lynn Good of Duke Energy, and Matt Salzberg of Blue Apron.

Featuring Bill McDermott, CEO of SAP.

Featuring CEOs James Verrier of BorgWarner, Michael J. Long of Arrow Electronics, and Michael Pessina of Lutron.

Featuring fashion designer Rebecca Minkoff, co-founder and creative director of Rebecca Minkoff.

Featuring CEOs Lynn Good of Duke Energy, Arnold W. Donald of Carnival and Michael J. Long of Arrow Electronics.

Featuring Mark Fields, CEO of the Ford Motor Company.