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

Statement on Financial Rescue Plan

TO: Members of the U.S. Congress
RE: Troubled Asset Recovery Program

Business Roundtable, which represents chief executive officers of our nation’s leading corporations with $4.5 trillion in annual revenues and nearly 10 million employees, is urging Congress and the administration to reach bipartisan agreement that will ensure swift passage of legislation to stabilize our financial markets. Failure to act now will have widespread negative ramifications across the domestic and international economies.

Michael Dan of The Brink's Company to Chair Business Roundtable's Partnership for Disaster Response

Business Roundtable has named Michael T. Dan, chairman, president and CEO of The Brink's Company, as chairman of its Partnership for Disaster Response. This consortium of CEOs is partnering with national and international relief organizations and leveraging the private sector’s many resources and capabilities to enhance and accelerate on-the-ground relief and recovery efforts following major disasters.

Corporations 101: The Role of Corporations and Corporate Governance

In an era of increasing global competition and economic uncertainty, understanding the role that corporations play is more important than ever. Therefore, Business Roundtable has prepared this paper to provide a brief introduction to corporations, the economic benefits they provide, their governance structure and their record of reforms.

BRT Hosts Panel Discussion on Evolving Role of the Media in Covering Disasters

To mark the official start of hurricane season, and in the wake of major natural disasters in Asia and the U.S., Business Roundtable convened journalists from the nation’s leading news organizations to discuss the radical shift in how the media reports on disasters today, and how the media’s role has evolved since Hurricane Katrina in 2005.

BRT Extends Private Sector Commitment to China Earthquake Recovery and Reconstruction Efforts

Business Roundtable, the American Red Cross and the U.S. Chamber of Commerce co-hosted on Friday a meeting with President Bush, leaders of the business community and non-governmental organizations to discuss the business community's generous response to the tragic earthquake in China and their continued support of the reconstruction effort.

BRT Member Companies Contribute more than $60 Million to China Earthquake and Myanmar Cyclone Relief

In response to the devastation following the natural disasters in China and Myanmar, Business Roundtable’s member companies pledged more than $65 million in financial, in-kind and employee matching program donations to help speed relief efforts in the disaster-stricken areas.

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.

Pages

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.