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Columbia Encyclopedia
Business Roundtable (BRT), an association consisting of the chief executive officers of major U.S. corporations that was founded in 1972 through the merger of the three preexisting business organizations. The BRT was established to give large corporations a stronger voice in lobbying U.S. government officials on business-related issues, and it has become the most influential U.S. business lobbying organization. Within the BRT, task forces headed by CEOs are established to make policy recommendations on particular issues or areas, such as corporate governance, and to develop a plan of action to secure the recommendations implementation. The BRT has only a small permanent staff; most of its work is done by the staffs of member corporations or outside consultants. Currently the CEOs of 140 companies are members of the Business Roundtable; the organization has had as many as 200 members. Membership in the BRT is by invitation.
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Wikipedia
A round table is one which has no "head" and no "sides", and therefore no one person sitting at it is given a privileged position and all are treated as equals. The idea stems from the Arthurian legend about the Knights of the Round Table in Camelot.
Today, round tables are often used at conferences involving many parties. The most famous modern round table was the one used for talks between the Communist government and Solidarity in Poland in 1989; see: Polish Round Table Agreement. Hence, the term "round table" is also used figuratively to refer to a peaceful way of achieving a compromise solution.
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Last updated on Thursday July 17, 2008 at 08:11:47 PDT (GMT -0700)
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This article is licensed under the GNU Free Documentation License.
Last updated on Thursday July 17, 2008 at 08:11:47 PDT (GMT -0700)
View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation
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