49 min listen
Why is corporate America getting political?
FromThe Real Story
ratings:
Length:
49 minutes
Released:
May 28, 2021
Format:
Podcast episode
Description
This week Exxon Mobil saw a board revolt over its stance on climate change. One of the energy giant's biggest shareholders supported rival directors to successfully replace two Exxon board members with more green-friendly candidates. This reflects a growing trend across the United States of corporations and investors being more willing to take a stand on climate, race and other social issues. Following the new and restrictive voter laws in Georgia, Major League Baseball pulled its All Star Game from the state. Nike announced a fund to help Black communities during the Black Lives Matter protests. While these moves are being welcomed by many activists and politicians, there's also been a backlash from those saying CEOs should focus on serving customers and not get involved in debates. So, what's behind corporate America's desire to delve into issues not necessarily linked to their companies' bottom line? Ritula Shah and a panel of experts discuss why corporate America is wading into politics.
Released:
May 28, 2021
Format:
Podcast episode
Titles in the series (100)
The Great Disruptor: Has Donald Trump decided to sacrifice the West in order to put America first? by The Real Story