As the 2020 campaign heats up, you can expect to hear a lot of talk about the role of corporations in American society. Among the Democratic presidential candidates, Bernie Sanders has proposed requiring publicly traded companies— and large private companies—to give their employees at least 45% of the seats on their boards. Democratic candidates also want to raise the tax rates corporations pay and require them to play a greater role in addressing climate change.
But as the rhetoric intensifies, it’s worth noting that one of the salvos in this debate came from a surprising source: big businesses themselves. In August, the Business Roundtable, an organization made up of the chief executives of the largest U.S. companies, said that the purpose of a corporation is no longer limited to advancing the best interests of its shareholders. Instead, the chief executives said, corporations should take into account the interests of multiple stakeholders, including employees, customers, and the communities in which they do business.
Esta historia es de la edición December 2019 de Kiplinger's Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 2019 de Kiplinger's Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
My Top 30 Index: An Update
A year ago, I put together what I called \"my own reinvention\" of the Dow Jones industrial average, the popular 142-year-old large-cap index.
Balance Your Risk and Reward
These new ETFs let you cut stock market losses. But you'll sacrifice some gains.
IS A HYBRID CAR RIGHT FOR YOU?
Hybrids offer a fuel-saving option for drivers who have reservations about all-electric vehicles. But there are trade-offs.
HOW TO REACH YOUR INVESTING GOALS
Patience helped these four investors make their portfolios work for them.
WHERE TO INVEST NOW
Expect a lot of midyear churn, with a rally toward the end of 2024.
TIPS FOR FINANCING A HOME PROJECT
I recently had a call with a client who was looking to fund the construction of a swimming pool at his house.
MORE WOMEN THAN EVER ARE STARTING BUSINESSES
Retail and travel businesses, along with health, beauty and fitness, are popular with women entrepreneurs.
Finding Home Health Care
It’s important to hire a caregiver you trust.
UNDERSTANDING BOND FUND YIELDS
What's a 30-day SEC yield? A trailing 12-month yield? A yield to maturity? We explain what each measure says about an income fund.
ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS
If you have federal student loans, you may benefit from new government policies. Here's what you need to know.