The Business Perspective

More than 30 members of the Los Angeles Area Chamber of Commerce signed on to a new Statement on the Purpose of a Corporation issued by the Business Roundtable, a Washington, D.C. based nonprofit organization comprised of Chief Executive Officers from major U.S. companies. The statement recognizes that investments in customers, employees, supplies and communities should be on par with shareholder value.

Our state lawmakers returned from summer recess this week and are back at work on a variety of legislative matters. Always vigilant on legislation that impacts the business community, the Chamber tracks these matters and works with our state representatives to lend our voice. One such matter is AB 5, proposed to codify the Dynamex decision impacting business/individual relationships into law.

Time has flown by. This weeks marks one year since I officially began my role as President & CEO of the Los Angeles Area Chamber of Commerce. As I approached this day, I have reflected on the past year, the work we’ve accomplished together and the course we’ve been able to set for the future.