A recent dialogue among Fortune 500 company risk and audit committee chairs about pandemic-prompted changes in risk profiles, summarized in this NACD BoardTalk post, reiterated the importance of establishing a protocol or policy that addresses whether and when CEOs should speak out on political and social issues and the nature and extent of board involvement.
See our recent reports on this topic: To Speak or Not to Speak? ; these reports: “Public Looking to CEOs to Speak Out on Economic & Social Issues,” “Consumers Expect Companies to Walk Their Talk,” “CEO/Leadership “Activism” Guidance,” “Board Oversight: CEO ’Activism’” and “Whether & How to Engage on Political & Social Issues” and watch for our upcoming Society/Deloitte report on “The Outspoken Corporation.” This post first appeared in the weekly Society Alert!