WASHINGTON, March 28 -- Rep. Don Beyer, D-Virginia, chairman of the Joint Economic Committee, issued the following opening statement at a hearing on March 16, 2022, entitled "Examining the Impact of Shareholder Primacy: What it Means to Put Stock Prices First": * * * This hearing will examine how the shareholder primacy model of corporate governance has impacted the economy and how Congress can help address the problems it has created. Shareholder primacy is a corporate model that focuses mainly or exclusively on increasing stock prices to g more PR