On August 19, 2019, 181 U.S. CEOs signed a commitment letter to lead their companies not just for the benefit of their investors, but “for the benefit of all stakeholders: customers, employees, suppliers, communities, and shareholders.”
Alex Gorsky, the CEO of Johnson & Johnson, stated that this approach “better reflects the way corporations can and should operate today. It affirms the essential role corporations can play in improving our society when CEOs are truly committed to meeting the needs of all stakeholders.”
Jamie Dimon, CEO of J.P. Morgan Chase, commented that,
the American Dream is alive, but fraying. Major employers are investing in their workers and communities because they know it is the only way to be successful over ...
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