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CEOs should focus on profits, not politics

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In 2019, the Business Roundtable, an association of America’s highest profile CEOs published a manifesto proclaiming profits, which benefit shareholders, were no longer their primary concern.

Going forward, member companies would also consider the needs of other stakeholders: workers, the community, the environment and anyone else deemed worthy. They called it “a modern standard of corporate accountability.”

Sometimes, the old ways are better.

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