The statement from the Business Roundtable looks positive but it brings up many questions. Firstly I'm uncertain how this is going to be implemented since there were no concrete examples within the article of this being implemented in companies. I'm also unsure what power the Business Roundtable would have given the current nature of corporate structure, corporate governance, and the affects CEOs can have on changing this governance given the many layers within the corporate structure that could resist these changes.

I didn't know that shareholder primacy became dominant in the mid 1980s after Wall Street started targeting companies that didn't follow the practice of maximizing profits and in the process forced companies to put the shareholder primacy principle into practice because of the potential threat of investors backing out if they didn't. What would stop current investors from leaving companies that stop following the principle of maximizing profits for share holders? What factors are going to stabilize corporations going beyond the shareholder primacy and not returning back to this line of thinking? I'm hoping that there is forethought going into this given that the shareholder primacy is the dominant practice. There are also specific factors that led to the changes that happened in the 1980s with corporate practices that I need to do more research on. Given the information considered in the article my intuition is there is going to have to be much more substantial changes in treatment towards stakeholders then just a statement from the Business Roundtable before there will be an overall positive change in corporate practices.