This article originally appeared on HBR.org.

In 2019, the Business Roundtable essentially declared the end of the era when the end all and be all of major corporations was maximizing shareholder value. Instead, it stated that companies should serve all stakeholders that materially impact and are impacted by its business activities: customers, employees, suppliers, communities, and investors.

Read the full article on HBR.org (subscription may be required).

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