JPMorgan’s Dimon among CEOs rejecting investor-centric model

Anders Melin and Jeff Green

August 19, 2019 4:12 pm

JPMorgan Chase CEO Jamie Dimon Speaks At Council On Foreign Relations Corporate Conference — JAMIE DIMON, CEO of JPMorgan Chase & Co. was among the leaders at some of the world’s largest companies said they plan to abandon the long-held view that shareholders’ interests should come first. The idea was presented by Business Roundtable. / BLOOMBERG NEWS FILE PHOTO/MARK KAUZLARICH

NEW YORK – Jamie Dimon and other leaders at some of the world’s largest companies said they plan to abandon the long-held view that shareholders’ interests should come first amid growing public discontent over income inequality and the burgeoning cost of health care and higher education. The purpose of a corporation is to serve all…