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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Principles of Corporate Governance 2012 &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Principles of Corporate Governance 2012</title>
		<link>https://corpgov.law.harvard.edu/2012/08/17/principles-of-corporate-governance-2012/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=principles-of-corporate-governance-2012</link>
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		<pubDate>Fri, 17 Aug 2012 13:22:22 +0000</pubDate>
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		<description><![CDATA[Business Roundtable is recognized as an authoritative voice on matters affecting American business corporations and, as such, has a keen interest in corporate governance. Business Roundtable is an association of chief executive officers of leading U.S. companies with more than $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Friday, August 17, 2012 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;">The following post comes to us from <a href="http://businessroundtable.org/about-us/members/197" target="_blank">Alexander M. Cutler</a>, chairman &amp; CEO of The Eaton Corporation and chair of Business Roundtable&#8217;s Corporate Governance Committee. This post is based on the foreword and introduction of a Business Roundtable publication; the full version is available <a href="http://businessroundtable.org/uploads/studies-reports/downloads/BRT_Principles_of_Corporate_Governance_-2012_Formatted_Final.pdf" target="_blank">here</a>.</p>
</div></hgroup><p>Business Roundtable is recognized as an authoritative voice on matters affecting American business corporations and, as such, has a keen interest in corporate governance. Business Roundtable is an association of chief executive officers of leading U.S. companies with more than $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and represent nearly a third of all corporate income taxes paid to the federal government. Annually, they return more than $267 billion in dividends to shareholders and the economy. Business Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with $86 billion in annual research and development spending—nearly half of all total private R&amp;D spending in the U.S. Only through sustainable, non-inflationary, long-term economic growth will America&#8217;s citizens, communities and companies remain competitive in the rapidly changing international economy. Business Roundtable asserts that to do this, the United States must create policies that foster a flexible and available workforce, sustainable cost structures and fair rules.</p>
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