Whom do corporations answer to?

Marketplace : Whom do corporations answer to? Image
Marketplace : Whom do corporations answer to? Image

Whom do corporations answer to?

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Last week, a CEO group declared that corporations shouldn’t be accountable to just shareholders, but employees and customers as well. That statement is already having an impact: An Oklahoma court ordered Johnson & Johnson to pay $572 billion over claims it downplayed the risk of opioids. Today, we take a look at what this redefinition could mean going forward. Plus: Why Amazon is streaming the Fenty runway show, and what you’re really getting when you pay for fast internet.