Sen. Elizabeth Warren took JPMorgan Chase chief Jamie Dimon and the Business Roundtable to task over the association's commitment in August to "redefine" the purpose of a corporation to extend beyond the maximization of shareholder profits.

"If Jamie Dimon thinks it's a good idea for giant corporations like J.P. Morgan Chase to have multiple obligations, he and I agree. Then let's make that the law," Warren said in an interview with CNBC's John Harwood published on Monday. Dimon is chairman of Business Roundtable's board.

Warren, a top contender in the Democratic presidential field, suggested that the business association's move to do away with the notion of "shareholder primacy" was inspired by her proposal to rein in the power of big business.

The Massachusetts Democrat introduced a bill to require the nation's largest companies to consider stakeholders like their customers and employees a year before the Business Roundtable released its statement, signed by 181 CEOs, calling on businesses to do the same.

"You think you caused them to make that decision?" Harwood asked Warren.

"Well, all I'm saying is that's what happened first," Warren said. "There was a lot of conversation about it, and then Jamie Dimon and the heads of some other very large corporations said, 'Oh, we don't need a law. We're just going to make that change voluntarily.'"