Episode 109 — The Business Roundtable Restatement of Corporate Purposes and the Importance of Ethical Leadership
In a significant development, the Business Roundtable issued a restatement of general corporate purpose. The restatement embraces a number of important social trends and awareness of ethical culture and broader principles. While the statement is laudatory, the proof will be in tangible actions taken to implement the broad and important purposes.
In this Episode, Michael Volkov examines the Business Roundtable Restatement and reflects on the important role that corporate boards should play in the oversight of a company’s ethical culture.