JP Morgan successfully blocks proposal on Business Roundtable pledges

Vote on stakeholder capitalism commitments masterminded under bank’s CEO denied

JP Morgan CEO Jamie Dimon
JP Morgan CEO Jamie Dimon

JP Morgan Chase has successfully blocked a shareholder proposal asking it to demonstrate how it will fulfil the commitments it made last year, in the Business Roundtable’s (BRT) statement on the purpose of a corporation.

Those commitments, which appeared to herald a break with the…

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