This week, hundreds of CEOs from major U.S. corporations signed a statement that says maximizing shareholder profits will no longer be their companies' primary goal. The pledge signers include Jeff Bezos of Amazon, Tim Cook of Apple, and the heads of Wal-Mart, Boeing, AT&T, JP Morgan Chase, and more. If they follow through on their promise, would that mean more power for workers?
America's biggest corporations pledge to put workers ahead of shareholders
Monitoring stocks. Credit: Pixabay.
Credits
Guest:
- Michael Hiltzik - business columnist for the LA Times - @hiltzikm