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Patriotism is replacing purpose in American business

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WThere are hats For companies? Five years ago, the Business Roundtable, a group of American chief executives, overturned the orthodoxy on this question. For decades, company bosses agreed that their mission was to make their shareholders rich. Doing well means doing well. More precisely, it means raising your firm's stock price. It was argued that such a narrow criterion for success would keep managers focused and honest.



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