Question

A. For Decades the Business Roundtable, a powerful organization comprised of close to 200 CEOs major US companies, took a strong stand on the correct answer to question #1. Explain the Roundtables historic Position over those Many Decades?

B. In August 2019, the Business Roundtable made a policy announcement, Please explain this?

Answer 1

Ans : Business Roundtable was founded in 1972, March group co-founded by Alcoachairman John D. Harper and General Electric CEO Fred Borch, the Construction Users Anti-Inflation Roundtable, founded by retired U.S. Steel CEO Roger Blough, and the Labor Law Study Group merged to form Business Roundtable.
The Business Roundtable (BRT) is a non-profit association based in Washington, D.C. whose members are chief executive officers of major U.S. companies.
Some of the works which Rountable has done in U.S are as follow:

(1)It played a major role in defeating an anti-trust bill in 1975 and a Ralph Nader plan for a consumer protection agencyin 1977.
(2)It also helped dilute the Humphrey-Hawkins Full Employment Act.
(3)The most significant victory was in blocking labor law reform that sought to strengthen labor law to make it more difficult for companies to intimidate workers who wanted to form unions. The AFL-CIO produced a bill in 1977 that passed the House. But the Roundtable voted to oppose the bill, and through its aggressive lobbying, it prevented the bill to be passed.
(4)It also broaden the 1985 tax cuts signed into law by Ronald Reagan, lobbying successfully for sharp reductions in corporate taxes.
(5)The Omnibus Trade Act of 1988 reflected the thinking of the Business Roundtable.
(6)In 1993, the Roundtable lobbied for NAFTA and against any strong side agreements on labor and the environment. It provided the money and leadership for the main pro-NAFTA lobby.
(6)It also successfully opposed changes in corporate governance that would have made boards of directors and CEOs more accountable to stockholders.
(7)In 1986, the Roundtable convinced the Securities and Exchange Commission to forgo new rules on merger and acquisitions.
(8)The Roundtable supported the government plan when the government introduced to subsidise health care industry.
(9)The Roundtable also supported the No child left behind act of 2002 and actively work in implementing it .
(10) The Business Roundtable also acts as major lobby that aims to extend or maintain administrators' rights/power in large companies.

And (B): The Business Roundtable made a policy announcement in august 2019 which are as follows
  
Deliver value to customers: Will further look to the tradition of American companies leading the way in meeting or exceeding customer expectations.

Invest in employees: compensating fairly and providing important benefits to employees. It also includes supporting them through training and education that help develop new skills for a rapidly changing world.

Deal fairly and ethically with suppliers: Making good partner with Suppliers and other companies to help meet the mission.

Support the communities in which we work: Respecting the people in our communities and protect the environment by embracing sustainable practices across businesses.

Generate long-term value for shareholder: Allowing companies to invest, grow and innovate. Rountable made a commitment for transparency and effective engagement with shareholders. To deliver value to all , for the future success of companies, communities and a country as a whole.