The obligation in and of itself, the statement, was powerful and moving. But so much still needs to be done in terms of their operations, their programs and their funds actually meeting the needs of the community. Rolley: Most definitely. We need to see them paying their fair share in taxes and advocating for progressive tax codes. We need fair wages. And so, whether it is the for-profit or nonprofit sector, you need constant information. What is watched gets done, what is measured gets done.
We need to fail fast, learn fast, fix fast, to help to remedy decades and decades — if not centuries — of historically racist, structurally racist systems that have prevented people of color, Black and Latinx, Indigenous people of color, from having access to capital and credit. So no, it is not too soon. Ryssdal: What are you looking for as markers of progress, as you sit and you try to keep track of what corporate America is doing to make good on its pledge to rethink the nature of corporations, but also racial equity and social justice?
Neil Hunn Roper Technologies, Inc. Douglas L. Tamara L. Lundgren Schnitzer Steel Industries, Inc. Chairman, President and Chief Executive Officer. Jeffrey W. Evan Spiegel Snap Inc. Co-Founder and Chief Executive Officer. Thomas 'Tom' A. James M. Maurice R. Michael L. Ronald 'Ron' P. Sara Armbruster Steelcase Inc.
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You cannot overwrite this file. The following other wikis use this file: Usage on de. Width Height Structured data Items portrayed in this file depicts. Category : Business Roundtable. Namespaces File Discussion. But the economy has changed since Have these companies held up their commitment in the middle of a pandemic and a recession? He spoke with host Kai Ryssdal. Below is an edited transcript of their conversation. Kai Ryssdal: So break that down a little bit, especially that last bit about returning money to shareholders.
Wry: Sure. So the Business Roundtable statement on the purpose redefining what a corporation is — what they were doing was trying to move away from pure, unadulterated shareholder capitalism, where the only purpose of the company was to make money for its shareholders.
And so the statement said we need to prioritize all stakeholders, put them on equal footing with our shareholders and not just trying to return money to the people who own our stock through buybacks or dividends. Ryssdal: And how did they do before the pandemic? I mean, were they living up to that?
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