Archived Content

Corporate Governance

U.S. corporations employ millions of American workers, create opportunity for employees and shareholders, drive innovation, improve the lives of consumers, and provide health care and other benefits to American families. The way corporations are governed directly affects the well-being of employees, shareholders and consumers.

Business Roundtable advocates for corporate governance policies that help create long-term value, advance the economic interests of workers, shareholders and consumers, and uphold the highest ethical standards.

Recent Activities in Corporate Governance

July 31, 2009
News Release

We are deeply disappointed in the outcome of the House vote today. Federal intervention and mandated actions are no substitute for the individual relationships of shareholders and boards of directors.

July 28, 2009
News Release

We have serious concerns with the approach taken by the committee today. Government mandated actions as a substitute for decisions made by shareholders takes us in the wrong direction. This policy – implemented on an annual basis – may only exacerbate the focus on short-term gains at the expense of long-term economic growth and job creation, a factor identified as a cause of the financial crisis.

July 19, 2009
Letter

The Honorable Barney Frank
Chairman
Committee on Financial Services
U.S. House of Representatives
Washington, DC 20515

The Honorable Spencer Bachus
Ranking Member
Committee on Financial Services
U.S. House of Representatives
Washington, DC 20515

Dear Chairman Frank and Ranking Member Bachus:

July 13, 2009
News Release

Business Roundtable considers financial regulatory reform a top priority for the recovery of the American economy. Our own Principles for Responding to the Financial Markets Crisis addresses the need for a strong regulatory regime for over-the-counter (OTC) derivatives.

July 1, 2009
News Release

We are disappointed to learn that the Securities and Exchange Commission has approved the amendment to New York Stock Exchange Rule 452, which eliminates broker discretionary voting in uncontested director elections without addressing the many serious issues concerning the proxy voting system that were raised by Business Roundtable and others.

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