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Should Shareholders Always Come First?

Japan news, commentary, culture, sports

NEW YORK – U.S. Senator Elizabeth Warren has proposed a bill — the Accountable Capitalism Act — that would require large companies to create corporate charters that take account of the interests of workers, customers and communities in addition to shareholders. To enforce this dictum, it would give each company’s employees the power to elect 40 percent of the corporate directors. Right now, U.S. corporations are set up to maximize the value of their shareholders...

Mentions: Japan stock options Majority Shareholders