Has the Age of the Outspoken CEO Ended?
When should a CEO speak up about social matters?
Less often, according to a new survey co-sponsored by the Stanford Graduate School of Business. Forty-five percent of Americans say CEOs should not "use their position and potential influence to advocate on behalf of social, environmental or political issues that they care about personally"—a ten-point increase from the previous survey in 2018.
In the report, professor David Larcker writes, "The social events that have dominated the headlines over the last several years have only increased the sensitivity of the public toward opinions that might not align with their own. People are clearly wary of executives using their position to advance a message."
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