Taking a company stance on divisive political or social issues is a complex and often time-sensitive challenge. Whether it involves geopolitical developments such as the war in Ukraine or societal issues such as voting rights legislation, controversial judicial decisions or racial tensions, there is a seemingly endless list of scenarios in which a company may consider taking a position publicly. As boards and management navigate this terrain, pressure from different and sometimes cross-cutting constituencies elevates the stakes. Regardless of the path a company chooses, there should be a thoughtful and deliberate approach that ensures the board and management have a level of trust in the governance process.
Click the download button to read about five governance considerations for assessing whether a company should respond, either in action or in words, to a sensitive issue or development.
Authored by Alex Bahn (formerly Hogan Lovells), Tiffany Posil, and Catalina Santos Parkinson.
Sanctions Navigator: Russia Sanctions
Are you sure want to delete comment ?
Scan this QR Code to share this content
This website is operated by Hogan Lovells International LLP, whose registered office is at Atlantic House, Holborn Viaduct, London, EC1A 2FG. For further details of Hogan Lovells International LLP and the international legal practice that comprises Hogan Lovells International LLP, Hogan Lovells US LLP and their affiliated businesses ("Hogan Lovells"), please see our Legal Notices page. © 2022 Hogan Lovells.
Attorney advertising. Prior results do not guarantee a similar outcome.