For Immediate Release

Organization Profile: 

David Rosen,, (202) 588-7742
Angela Bradbery,, (202) 588-7741

Business Roundtable Letter Shows Unchecked Corporate Greed Is Unpopular, Unsustainable

WASHINGTON - Note: Today, nearly 200 executives from the Business Roundtable issued a statement arguing that in addition to advancing shareholder value, companies also must invest in employees, deliver value to customers and deal fairly and ethically with suppliers.

It’s a sign of progress that corporate executives are bowing to public pressure to move beyond the shareholder-value-only approach to doing business. America’s business leaders clearly see the writing on the wall: The public is no longer willing to let major corporations wreak havoc on our economy, our planet and our communities. But well-intentioned words aren’t enough. We need these companies to bring their actions in line with their public statements, and we need tough new laws and rules to ensure that companies are required to consistently uphold high social, environmental and governance standards.


If you think a better world is possible, support our people-powered media model today

The corporate media puts the interests of the 1% ahead of all of us. That's wrong. Our mission? To inform. To inspire. To ignite change for the common good.

If you believe the survival of independent media is vital to a healthy democracy, please step forward with a donation to nonprofit Common Dreams today:

If these corporations are sincere in their pledge to be a force for social good, they must stop: pushing for deregulation, blocking legislation to address the climate crisis, drowning our democracy in a flood of big money and hiding their efforts to influence lawmakers, fighting against our right to health care and Medicare for All, blocking workers from organizing, demanding outrageous tax handouts for giant corporations and the superrich, hiding forced arbitration clauses in worker and customer contracts, attacking environmental safeguards and polluting our world, ripping off consumers and engaging in reckless business practices that put our economy at risk.

Public Citizen has helped to lead the fight to pressure big business groups like the Business Roundtable, the U.S. Chamber of Commerce and individual corporations to be transparent with shareholders and all stakeholders about their political spending and their impacts on workers, consumers and the environment – and we have pushed the U.S. Securities and Exchange Commission to require them to do so. Today’s message from corporate executives makes one thing clear: Even businesses know that unchecked corporate greed is unpopular and unsustainable.


This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news outlet. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Won't Exist.

Please select a donation method:

Public Citizen is a national, nonprofit consumer advocacy organization founded in 1971 to represent consumer interests in Congress, the executive branch and the courts.

Share This Article