Read and discuss the short 2019 BRT “Statement on the Purpose of a Corporation”.

1) Read the short 2019 BRT “Statement on the Purpose of a Corporation” and the Introduction (pages 1-4 only) of the BRT’s 1997 “Statement on Corporate Governance.” Compare and contrast the positions on corporate purpose in the two documents. Characterize each in terms of the concepts covered in weeks 4-7 of the course. Assess which of the two statements is most justified from a normative point of view.