, a group of researchers, found that companies that signed the Business Roundtable guidelines did not outperform S&P 500 peers in more than a dozen categories, including employee safety, labor practices, job security and COVID-19 policies.Hundreds of unemployed residents wait in long lines outside the Career Center for help with their unemployment claims in Frankfort, Ky.,June 19, 2020.
"We conducted research looking at companies' performance during this great stress test, so the period was February to July," Mark Tulay, a contributing author of the report and the CEO of the Test of Corporate Purpose, a nonprofit group of researchers, told ABC News."We specifically looked at the Business Roundtable signatories.
Another interesting finding of the study, according to Tulay, was that stakeholder capitalism could be good for financial performance as well.
How does stakeholder capitalism make sense? Is it just another label for socialism? An excuse to raise prices? A marketing gimmick?
DEMS must REPENT or else SAYS the LORD Jeremiah 11:25 Pour out your wrath on the nations that do not acknowledge you, on the peoples who do not call on your name. For they have devoured Jacob; they have devoured him completely and destroyed his homeland.
This is basically corporate gas lighting. 'Life/work balance' They load you up with more than you can get done, deny overtime, then penalize you for not getting it done forcing you to work on your time for free. But they're covered because they have a 'policy'.
Learn to recognize 'lip service', .
Sounds like the communist ideas of the 1950s in Romania...
Yesterday O'Biden promised to shut down the nation if a scientist asks him to. Today O'Biden wants a federally enforced mask mandate. What will be his edict tomorrow?
Which is how it was pre Jack Welch...
Project Veritas uncovers ‘ballot harvesting fraud’ in Minnesota: Devine By Miranda Devine September 27, 2020 | 10:09pm
If you read the fine print it says in -80 font: 'If it doesn't make dollars. It doesn't make sense.'
Probably correct. Not good but not criminal lol. How many folks and relatives do you know that live up to their promises in this day and age? lol.
In contrast to the 'Great Reset' to rescue capitalism, here is a bold agenda for transformational recovery combining climate justice, the importance of care in society, and finance for the common good. 'Pushing the reset button will not change the game'
Corporations DO not honor their commitments & they are involved in criminal fraud against the people. Its now known that oil companies lied about plastic recycling & were Awarded $BILLIONS of tax payer dollars dealing with recycling. We deserve that money back with interest. NOW!
What a shock! Companies only care about money! The way Disney sucks up to the Chinese who have concentration camps! We know you're gonna drop your BLM support if it costs you real money All corporations are evil
Did no one learn from the Reagan years, the Bush years, and the W Bush years? Trickle-down economics never seems to make it down to us: the everyday working class person?!! Why think the CEO's will always choose themselves over workers. ☹️
Number of people surprised by this: 0
A tiger does not change its stripes.
Good. These companies need to quit pandering to the socialist groups. They are attempting to buy protection and that obviously doesn’t work. These companies need to stop it.
This is my shocked face.. 😐
And we’re surprised?
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