RK&O Client Alert: The Limited Legal Implications of the Business Roundtable’s “Statement on the Purpose of a Corporation”

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August 26, 2019

The Business Roundtable recently released a Statement on the Purpose of a Corporation which has been dramatically portrayed by the media as a new commitment by American public companies to pursue a vision of “stakeholder capitalism.”

In this client alert, RK&O partners Scott C. Budlong, David B. Massey, Margaret W. Meyers and Lee S. Richards III explain why much of the media reaction to the Statement appears to be misguided from a legal perspective.  

Click here to read the client alert.

This client alert was published on August 28, 2019 by Columbia Law School Blue Sky Blog, which can be found here.