2019 Statement on the Purpose of a Corporation

E250995

The 2019 Statement on the Purpose of a Corporation is a landmark declaration by major U.S. CEOs redefining corporate purpose to prioritize all stakeholders—employees, customers, suppliers, and communities—rather than focusing solely on shareholder value.

All labels observed (2)

How this entity was disambiguated

Statements (54)

Predicate Object
instanceOf business policy statement ⓘ
corporate governance declaration ⓘ
stakeholder capitalism manifesto ⓘ
countryOfOrigin United States ⓘ
datePublished 2019-08-19 ⓘ
describedAs landmark declaration on corporate purpose ⓘ
emphasizes delivering value to customers ⓘ
ethical business practices ⓘ
fair treatment of suppliers ⓘ
investment in employees ⓘ
long-term value creation ⓘ
support for communities ⓘ
focusesOn communities ⓘ
customers ⓘ
employees ⓘ
shareholders ⓘ
stakeholders ⓘ
suppliers ⓘ
hasAuthor Business Roundtable ⓘ
hasURL https://opportunity.businessroundtable.org/ourcommitment/ ⓘ
issuedBy Business Roundtable board of directors ⓘ
linked to: Business Roundtable
language English ⓘ
mainSubject corporate governance ⓘ
corporate social responsibility ⓘ
purpose of a corporation ⓘ
stakeholder capitalism ⓘ
opposes shareholder primacy doctrine ⓘ
predecessor 1997 Business Roundtable statement on corporate governance ⓘ
publisher Business Roundtable ⓘ
redefines corporate purpose ⓘ
signatoryCount 181 ⓘ
signedBy Alex Gorsky ⓘ
Brian Krzanich ⓘ
Brian Moynihan ⓘ
Brian Roberts ⓘ
linked to: Brian L. Roberts

CEOs of major U.S. corporations ⓘ
Dennis Muilenburg ⓘ
Doug McMillon ⓘ
Ginni Rometty ⓘ
Indra Nooyi ⓘ
James P. Gorman ⓘ
linked to: James Gorman

James Quincey ⓘ
Jamie Dimon ⓘ
Jeff Bezos ⓘ
Laurence Fink ⓘ
Marillyn Hewson ⓘ
Mary Barra ⓘ
Michael Corbat ⓘ
Michael Dell ⓘ
Randall Stephenson ⓘ
Safra Catz ⓘ
Tim Cook ⓘ
Ursula Burns ⓘ
year 2019 ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Business Roundtable → notableWork → 2019 Statement on the Purpose of a Corporation ⓘ
1997 Business Roundtable statement on corporate governance → followedBy → 2019 Business Roundtable Statement on the Purpose of a Corporation ⓘ
linked to: 2019 Statement on the Purpose of a Corporation