LeAnne Redick Wilson
Senior Vice President
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.
America's economy, workers and shareholders stand to benefit when U.S. public companies carry out the highest standards of governance. Business Roundtable promotes the best, modern governance practices that uphold the highest ethical standards and expand economic opportunity across the United States. These practices are detailed in the Roundtable flagship publication, Principles of Corporate Governance.
No one approach to corporate governance can serve all companies. Accordingly, the Principles are a guide to help each company develop the structures, practices and processes that are appropriate in light of its needs and circumstances.
Greater engagement with shareholders and investors is a top priority for U.S. companies. Shareholder activism is rising to unprecedented levels, and it is creating new challenges for companies. Regular shareholder outreach and ongoing dialogue are critical to developing and maintaining effective investor relations. Also, as shareholders seek more influence on board and management decision-making, their responsibility and accountability should increase, too.
America's business leaders are increasing their emphasis and commitment to promoting diversity in the boardroom. Diverse backgrounds and experiences on corporate boards strengthen board performance and, in turn, help drive long-term economic value. Boards should develop a framework for identifying appropriately diverse candidates, which asks the nominating / corporate governance committee to consider women and / or minority candidates for each open board seat.
Business Roundtable supports the following guiding principles of corporate governance: