Should Business Leaders Speak Out?

business_ethics_highlights_2The discussion below is interesting. A full discussion of the topic probably needs to distinguish between private or closely-held companies, on one hand, and widely-held companies on the other. In the latter case, the CEO most clearly isn’t the embodiment of the company. He or she works for the company, and needs to think about the interests of various stakeholders — most including obviously shareholders — before speaking out. >>>

LINK: Should business leaders speak out more on public issues? (by Crane & Matten)

Business leaders are among the most powerful people on the planet. At the helm of huge corporations, with billions of dollars of assets to leverage, their decisions have a profound influence on all of us. At the same time, however, those very same business leaders only very rarely seem to speak out on many of the public issues that actually affect us….

What do you think?


Brought to you by:
business_ethics_highlights

One comment

  1. As Richard Branson has discovered, speaking out but not following through on commitments can bring its own reputational risk. There may also be justifiable doubts about whether one leader or CEO on his own can change the long-term course of his or her company.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: