Harrington said the document’s details and the board’s decision show the limits of the sentiments espoused by Dimon and other top CEOs when they issued their “Statement on the Purpose of a Corporation” in 2019 calling on companies to look out for all stakeholders.
JPMORGAN Chase & Co CEO Jamie Dimon (pic) has led calls for companies to consider the needs of workers, communities and customers as well as those of shareholders.
But now it is clear: investors come first.
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