What’s the ‘Purpose of a Corporation’?

Amazon, during its May 2019 annual meeting, actively opposed each of the 15 shareholder proposals on the ballot, according to Michael Connor, Executive Director of Open MIC, a nonprofit that works with shareholders to foster corporate accountability in the tech and media sectors. One resolution asked for a report on the human rights risks of Amazon’s facial recognition technology. Amazon has refused to engage with shareholders on it, Connor told me. Amazon CEO Jeff Bezos (a Business Roundtable member) didn’t appear onstage at the meeting while shareholders were presenting resolutions, Connor added. (Connor is also editor of Business Ethics Magazine.)