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The line it is drawn/the curse it is cast./The slow one now/will later be fast./As the present now/will later be past./The order is rapidly fadin'/And the first one now/will later be last./For the times they are a-changin'. Bob Dylan
Twenty-two years after first committing itself to Milton Friedman’s mantra that the principal objective of a business enterprise is to generate economic returns to its owners, the US Business Roundtable has now given corporations a new purpose. In a statement in August, the Roundtable stated that purpose of the corporation is no longer maximising returns to shareholders, rather it is a commitment to
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