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Business leaders need to speak up for democracy

Financial Times LogoFinancial Times1 mo ago

Business leaders need to speak up for democracy

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But even if it seems challenging for executives to speak up, the reality is that staying silent on election threats will be even more damaging, not just for a company’s reputation but for America’s political economy too.

Second, companies need to speak out loudly in favour of democratic processes — and, more importantly, criticise backsliding (such as with the SB202 law) when they do occur.

The CEO of one big company recently observed, in private, that his company had initially planned to make an immediate strong statement about the Supreme Court’s abortion ruling — but backed away when a staff poll showed that attitudes were more split on the issue than top managers had realised.


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Article Details

Author / Journalist: Gillian Tett

Category: MarketsFinanceInvesting

Topics: State Cent Business Companies Executives Democracy Leaders Gerrymandering Threats

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 16:27:27

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 6 minutes read

Article Length: 982 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23308

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

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