*SMLR-Net, the source of selected news on labor and employment relations and Human resource management* Title: Shareholder Value Is No Longer Everything, Top C.E.O.s Say

*Author:* David Gelles https://www.nytimes.com/by/david-gelles and David Yaffe-Bellany http://www.nytimes.com/by/david-yaffe-bellany

Source: NY Times

*Date:* Aug 19, 2019 Summary: Breaking with decades of long-held corporate orthodoxy, the Business Roundtable issued a statement https://opportunity.businessroundtable.org/ourcommitment/ on “the purpose of a corporation,” arguing that companies should no longer advance only the interests of shareholders. Instead, the group said, they must also invest in their employees, protect the environment and deal fairly and ethically with their suppliers.

*Link:* https://nyti.ms/2ZhsGLE ---------------------------------------------------------------------- Eugene McElroy, Library Associate James Carey Library, School of Management and Labor Relations Rutgers, the State University of New Jersey 50 Labor Center Way, New Brunswick NJ 08901 848-932-9513 smlrlibrary@work.rutgers.edu http://smlr.rutgers.edu/carey-library