Companies Are Facing More Social Pitfalls Than Ever. What’s a Forward-Thinking Board to Do?

Michael Callahan

(Originally published by Barron’s on May 9, 2022) 

The leak of the draft Supreme Court opinion that purports to overturn Roe v. Wade has thrown corporations into the fray of one of the most polarizing issues in American society.

Expectations on corporations and CEOs to pick a side are rising. Just this week Amazon and Citigroup announced plans to cover travel expenses for employee medical treatments including abortion. Recent events have similarly put corporations on the spot to speak out. The Russian invasion of Ukraine brought corporate condemnation and the severing of business ties in Russia even beyond the requirements of government sanctions. The events of Jan. 6, 2021 at the U.S. Capitol resulted in several corporations announcing they would be discontinuing or reviewing their political donations activity.

(Continue reading the opinion essay on Barron’s page here.)