This week on Exponential, recently the US-based business roundtable made an important announcement. This group, which represents the biggest US companies, said that no longer should pure profit be the ‘purpose’ of a corporation…but rather, it should consider other things, like the environment, employees and customers. Nell Minnow is a globally recognized expert on business and governance and Vice Chair of Value-Edge Advisors. I asked her what the ‘purpose’ of a corporation is.