Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.
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
More Substantial Reform Needed to Ensure Accountability by Proxy Advisory Firms and Their Clients.
Business Roundtable today welcomed passage by the U.S. House of Representatives of H.R. 4413, the Customer Protection and End User Relief Act, which includes key end-user provisions.
Business Roundtable strongly supports important provisions included in H.R. 4413 that will reform derivatives regulation to focus more effectively on addressing potential systemic economic risk.
Business Roundtable, representing CEOs of leading U.S. companies from every sector of the economy, today raised questions about the efficacy, relevance and value to investors of the CEO pay ratio rule proposed by the Securities and Exchange Commission (SEC). The Roundtable noted that compliance with the proposed rule would be unnecessarily costly and burdensome and offered recommendations for revising it to make it significantly more practical to implement.
We appreciate the opportunity to comment on the rules proposed by the U.S. Securities and Exchange Commission (SEC or Commission) to implement Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), as set forth in the Commission’s accompanying proposing release.