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  • Article

Assessing the Impact of CEO Activism

By: Aaron K Chatterji and Michael W. Toffel
CEO activism refers to corporate leaders speaking out on social and environmental policy issues not directly related to their company’s core business. Distinct from nonmarket strategy and traditional corporate social responsibility, the recent wave of CEO activism... View Details
Keywords: Business And Society; Leadership; Policy; Ethics; Values and Beliefs; Governance; Social Issues; Corporate Social Responsibility and Impact; Public Opinion
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    Cameron Deal

    Cameron studies health economics and economic history, with a focus on LGBTQ populations and inequality. His research has specifically examined health risk and access disparities, youth homelessness, intergenerational mobility, and the effects of health policies on... View Details

    • March 2017 (Revised June 2019)
    • Case

    CEO Activism (A)

    By: Michael W. Toffel, Aaron K. Chatterji and Julia Kelley
    This case introduces CEO activism, a phenomenon in which business leaders engage in political or social issues that do not relate directly to their companies. The case uses several examples to describe why business leaders are engaging in CEO activism and the potential... View Details
    Keywords: Leadership & Corporate Accountability; Environmental And Social Sustainability; Environment; Climate Change; Gender Equality; Communication Strategy; Moral Sensibility; Values and Beliefs; Leadership; Law; Rights; Risk Management; Media; Corporate Social Responsibility and Impact; Religion; Expansion; Strategy; Social Issues; Consumer Products Industry; Electronics Industry; Technology Industry; United States; Indiana; North Carolina
    Related
    • January–February 2018
    • Article

    The New CEO Activists

    By: Aaron K Chatterji and Michael W. Toffel
    Though corporations have been lobbying the government and making campaign donations for a long time now, in recent years a dramatic new trend has emerged in U.S. politics: CEOs are taking very public stands on thorny political issues that have nothing to do with their... View Details
    Keywords: Government Policy; Rights; Leadership & Corporate Accountability; Sustainability; Leadership; Corporate Accountability; Policy; Social Issues; Communication Intention and Meaning; United States
    Related
    • February 2018 (Revised August 2018)
    • Case

    OpenInvest

    By: Shawn Cole, Boris Vallée and Nicole Tempest Keller
    Founded by a team of hedge fund and NGO alumni, OpenInvest launched its platform in 2015 to enable retail investors to tailor their portfolios to their personal values in an automated way, for instance by screening out weapons manufacturers stocks or overweighting... View Details
    Keywords: Fintech; Impact Investing; Investment Portfolio; Customization and Personalization; Technological Innovation; Social Issues; Growth and Development Strategy; Business Model; Financial Services Industry
    Related
    • March 2018 (Revised March 2018)
    • Teaching Note

    OpenInvest

    By: Boris Vallee and Caitlin Reimers Brumme
    Founded by a team of hedge fund and NGO alumni, OpenInvest launched its platform in 2015 to enable retail investors to tailor their portfolio to their personal values in an automated way, for instance by screening out weapon manufacturers stocks or overweighting LGBTQ... View Details
    Keywords: Socially Responsible Investing; Investing For Impact; Robo-advisors; Investment; Values and Beliefs; Customization and Personalization; Technology; Financial Services Industry
    Related
    • 12 Sep 2023
    • What Do You Think?

    Who Gets the Loudest Voice in DEI Decisions?

    of ESG, there are similar controversies around DEI. For example, marketing to or recruiting from a particular group—for example, members and allies of the LGBTQ community—might offend other people or cause others to feel threatened. "The... View Details
    Keywords: by James Heskett
    • 18 Jun 2024
    • Research & Ideas

    What Your Non-Binary Employees Need to Do Their Best Work

    individuals among some people exceeds their discomfort with LGBTQ individuals—which may be a product of people’s lack of familiarity and exposure, she says. “Most of us have a friend or family member who is gay, but maybe not everyone is... View Details
    Keywords: by Michael Blanding
    • 17 Nov 2016
    • Op-Ed

    What's Behind the Unexpected Trump Support from Women

    marginalized in our country will be harmed if the positions Trump has taken are translated into policy during his administration: Immigrant families, LGBTQ citizens, African Americans, Muslims and others are fearful that disparaging, even... View Details
    Keywords: by Laura Morgan Roberts and Robin Ely
    • 12 Mar 2021
    • News

    My Favorite Case

    expressed extremely negative views about people in her community, she wonders whether the company is the right place for her. Should she meet with the CEO to share her experience, or continue to conceal her sexual orientation while working at Verizon? This was the only... View Details
    Keywords: Business Schools & Computer & Management Training; Educational Services
    • Profile

    Sergio Velasquez-Terjesen

    he says. But he believes that action should not be deferred until after graduation. Regarding the underrepresentation of African-American, Hispanic, and LGBTQ people at top business schools and in business management, Sergio believes... View Details
    Keywords: Manufacturing/Energy; Consulting
    • 30 May 2023
    • News

    Finding PRIDE

    —Virginia Smith (MBA 1982) I went to a very liberal high school in Boston where there were gay priests and teachers, so it was easy to be out. To be thrust into the HBS community was quite different. A couple of times when signs went up for our View Details
    Keywords: Colleges, Universities, and Professional Schools; Educational Services
    • 28 Sep 2020
    • Research & Ideas

    How Leaders Can Navigate Politicized Conversations and Inspire Collaboration

    depended not on the topic but on the ideology of the listener. (Participants were asked to judge statements on either transgender or immigration policy, for example.) Because politically correct labels are often applied to groups that tend to garner more sympathy from... View Details
    Keywords: by Kristen Senz
    • 01 Jun 2022
    • What Do You Think?

    Is Stakeholder Management Facing New Headwinds?

    opposition to Florida legislation viewed as antithetical to the LGBTQ community, the state ended some of Disney’s taxing and property authorities over its Disney World Florida theme park. Suddenly, Disney is confronted with two opposing... View Details
    Keywords: by James Heskett
    • 20 Dec 2024
    • News

    Clubs Open HBS Doors for Local Leaders; Meet the Club Leaders: HBS PRIDE; Favorite Reads of 2024

    To Boost Communities, Alumni Clubs Send Nonprofit Leaders to HBS For one week every summer, nonprofit leaders from across the globe convene on the HBS campus to sharpen their leadership skills and expand their impact through the Strategic Perspectives in Nonprofit... View Details
    Keywords: Margie Kelley
    • Web

    LGBTQ+ Pride Month | Baker Library

    "Diversity Spotlight" feature, where you can filter for U.S. start-ups founded and led by LGBTQ+ individuals. Review Capital IQ Pro 's LGBTQ market map, which consists of companies that provide products or services to View Details
    • Web

    External Funding | MBA

    Minority Students International Students Veterans/Active Military New Americans College Students/Recent Graduates Students of Business Disciplines LGBTQ Students Students from Farmworking Backgrounds Samvid Scholars View Details
    • Portrait Project

    Mike Anders

    Is this just a phase? In the LGBTQ community, we don’t come out once. We come out whenever we interact with someone new and are faced with questions with an expected type of answer: Tell me about your family. Are you dating someone? Who... View Details
    • 31 Mar 2023
    • Blog Post

    Bring your authentic self to work: Advice from HBS alumni

    that end, five Harvard Business School students and alumni have generously offered advice based on their experience coming out and being out at work as members of the LGBTQ community. With thanks to Justin, Matt, John, Paul, and... View Details
    Keywords: All Industries
    • 18 Dec 2018
    • Blog Post

    Finding Your Family at HBS

    to. For others still, being LGBTQ is simply another facet of their identity and their HBS experience doesn’t revolve around it.   Much like the Class of 2020 comes from a diverse set of backgrounds, all of us in Section Q arrived from a... View Details