State treasurers to Business Roundtable: focus on shareholders not woke activism

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

State treasurers are urging the Business Roundtable to return corporations' focus to shareholder value rather than a broader focus on stakeholders they warn leads to woke activism.

A group of more than a dozen state treasurers sent a letter to the Business Roundtable on Wednesday urging the group of leading corporate executives to restore their definition of a corporation's purpose to focusing on shareholders, rather than a broader definition they argue opens the door to woke activism.

" JOHN DEERE RELEASES STATEMENT REJECTING DEI POLICIES: 'COMMITTED TO OUR CUSTOMERS' The treasurers noted that when the change was made, 54% of Republicans and 36% of Independents "felt that large corporations had a positive effect on the country," but that by 2021 less than a third of all groups, including Republicans, Democrats and Independents believed that to be the case.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Business Roundtable’s Stakeholder Pledge, Five Years LaterFive years ago, the Business Roundtable issued a statement pledging to “lead their companies for the benefit of all stakeholders.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Five Years Later, the Business Roundtable’s Push Toward Wokeness Starts to CrumbleSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

'Forced labor': State AGs probe Chinese company Temu over 'disturbing' business practicesA group of Republican state attorneys general is demanding answers from the Chinese e-commerce company Temu, alleging 'disturbing' business practices.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Arizona State University business professor accused of fatally shooting his wifeWe're learning new details on a deadly shooting involving an Arizona State University professor and his wife. FOX 10's Lauren Clark reports.
Source: nypost - 🏆 91. / 67 Read more »