Corporate Governance | Page 27 | Business Roundtable


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What is Business Roundtable

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.

More Than Leaders. Leadership.

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.

About BRT

As business leaders representing every sector of the economy, Business Roundtable members uphold the highest standards of ethics, integrity and sound governance. Our CEO members represent the very best in responsible corporate citizenship, supporting jobs and long-term economic opportunity in communities across the United States.

Comments on Regulation

BRT Mobilizes Private Sector Response to Urgent Disasters in Myanmar and China

Immediately following the cyclone that ravaged Myanmar on May 2 and the earthquake that hit Sichuan China on May 12, Business Roundtable’s Partnership for Disaster Response moved quickly to activate its international emergency network to assess, aid and expedite the response to both disasters.

Partnership Solutions for Employee Volunteerism After a Disaster

To highlight upcoming National Volunteer Week (April 28-May 3), Business Roundtable’s Partnership for Disaster Response hosted today “Training Your Employees to Volunteer During a Disaster,” a forum with senior executives from leading businesses and volunteer organizations to identify key management issues in encouraging employee volunteerism and best practices in training employees to be disaster-ready volunteers.

Business Leaders Aid American Red Cross to Speed Relief During the California Wildfires

In response to the recent wildfires in Southern California, Business Roundtable, an association of CEOs from the nation’s leading companies, immediately mobilized its members to help the American Red Cross meet affected communities’ urgent needs. Thanks to a new alliance between the two organizations, companies received rapid, accurate information on the most critical needs and stepped up within hours to provide warehouse space to store supplies, fuel cards to use for emergency response vehicles and transportation services to expedite the relief effort.

Top CEOs Launch Alliance with American Red Cross to Strengthen Nation’s Preparedness for Disaster

Business Roundtable and the American Red Cross today announced a new collaboration through the Roundtable’s Partnership for Disaster Response. The Partnership is an initiative to galvanize the business community to contribute its vast resources – beyond financial contributions – to accelerate on-the-ground relief and recovery activities following major national disasters. This announcement is timed with National Preparedness Month, a nationwide effort to encourage Americans to prepare for emergencies in their homes, schools, communities, and businesses.

BRT Meets with NOAA, American Red Cross to Prepare Disaster Response and Recovery Plans

17 CEOs from the Business Roundtable’s Partnership for Disaster Response met with Vice Admiral Conrad C. Lautenbacher, Ph.D., Undersecretary of Commerce for the National Oceanic and Atmospheric Association (NOAA) and Mark Everson, newly appointed President and CEO of the American Red Cross, to discuss the outlook for the 2007 hurricane season and possible areas of collaboration. NOAA projects a 75 percent chance of an above-normal season for the Atlantic coast, with a predicted 13-17 named storms, 7-10 hurricanes, and 3-5 major hurricanes.

The Private Sector Gears up for 2007 Hurricane Season

In time for the 2007 hurricane season, the Business Roundtable’s Partnership for Disaster Response, a cross-industry task force of the nation’s top companies, developed new educational resources through all phases of disaster—prepare, respond and recover—to help the private sector better prepare and respond to disasters.

Grainger CEO Richard L. Keyser to Chair BRT's Partnership for Disaster Response Task Force

Business Roundtable has named Richard L. Keyser, Chairman & Chief Executive Officer of W.W. Grainger, Inc., as Chairman of its Partnership for Disaster Response Task Force. Keyser will lead this consortium of CEOs from prominent U.S. companies who are focusing on how the business community can most effectively contribute to national disaster preparedness and response efforts.


Committee Priorities

Corporate Governance

Business Roundtable promotes best practices in corporate governance that focus on long-term value creation, advance the economic interests of workers, shareholders and consumers, and uphold the highest ethical standards. America’s business leaders set the standard for effective, ethical corporate governance in the Business Roundtable Principles of Corporate Governance.

In a forthcoming update to the Principles, the CEOs of Business Roundtable are increasing their emphasis on promoting diversity in the boardrooms of U.S. public companies. Read more about their commitment here.

Smart Financial Regulation

Overly complex and burdensome U.S. financial laws and regulations hamper the ability of U.S. companies to invest and hire, without sufficient compensating social benefit. In particular, several provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act impose needless requirements that do not result in real economic benefit for American workers and families.

Business Roundtable supports smart financial regulation – including improvements to Dodd-Frank – that encourage greater investment and advance America’s competitiveness in the global economy.

Read more about our work to improve Dodd-Frank.

Shareholder Engagement

Business Roundtable believes enhanced, direct engagement with shareholders who are interested in a company’s long-term value is beneficial to both the business and its investors. Business Roundtable supports reform of disclosure requirements that would better allow companies to provide investors with the material information needed to make effective long-term investment and voting decisions.