Corporate Political Responsibility

An Emerging Best Practice
For Public Affairs Governance

The socio-political environment for business is increasingly volatile and complex, and is likely to remain so. With the politicization of issue after issue, the need to manage external influences in a consistent, principled and prepared way could not be more pressing.

“Corporate Political Responsibility” (CPR) provides a non-partisan best practice for more integrated governance of public affairs, that can help companies navigate the current landscape in a principled way. CPR is both a necessary practical risk management strategy and a critical enabler of long-term value for business and society, regardless of the political environment.

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The CPR Hub is a dynamic, curated central site featuring practical ways to apply CPR Governance to a company’s unique situation, and compelling materials for exploring why, when and how. 

The socio-political environment for business is increasingly volatile and complex, and is likely to remain so. With the politicization of issue after issue, the need to manage external influences in a consistent, principled and prepared way could not be more pressing.

“Corporate Political Responsibility” (CPR) provides a non-partisan best practice for more integrated governance of public affairs, that can help companies navigate the current landscape in a principled way. CPR is both a necessary practical risk management strategy and a critical enabler of long-term value for business and society, regardless of the political environment.

Showcase

A dynamic repository of CPR resources from across the field, including tools, reports and educational materials.
ArticleBusiness for Social Responsibility (BSR)

This report explores how geopolitical shifts, economic fragmentation, and rising political tensions are reshaping corporate sustainability strategies. It argues that companies must redesign business models, governance frameworks, and partnerships to operate effectively within a realigning global order while maintaining commitments to sustainability and stakeholder value. 

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Report

This report examines the institutional and governance pressures confronting major law firms amid escalating political polarization, reputational scrutiny, and shifting public expectations. It analyzes how legal organizations navigate client pressures, public advocacy, and institutional legitimacy while offering recommendations for governance safeguards, professional accountability, and long-term trust preservation. 

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ArticleECGI Working Paper Series in Law

This paper revisits the longstanding debate over corporate purpose, examining tensions between shareholder primacy and stakeholder-oriented governance models. It explores how changing expectations around sustainability, governance, and societal impact are reshaping views on fiduciary duty, corporate accountability, and the role of business within democratic market systems. 

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WebsiteAssociation for a Better Society Network (ASBN)

Businesses United in Leading Democracy is a coalition initiative encouraging companies to support democratic participation, civic trust, and institutional resilience through nonpartisan engagement. The initiative promotes collaboration among businesses committed to protecting democratic norms, strengthening civic systems, and encouraging responsible corporate leadership in periods of political polarization and democratic strain. 

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ArticleReason Magazine

This article distinguishes between pro-market policies that enhance competition – so businesses that create value are rewarded -- and pro-business policies that favor specific businesses or industries. It argues that government favoritism distorts competition, undermines innovation, reduces opportunity and weakens democratic accountability, urging policymakers to prioritize competitive neutrality and institutional integrity over industry capture. 

Why this resource matters 
It reflects CPR’s Responsibility principle, calling for businesses to “champion   healthy market “rules of the game” that foster competition on the basis of quality, price and long-term value, minimizing costs externalized to other stakeholders and aligning private interests with the broader public good.” 

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ArticlePerkins Coie LLP

This handbook chapter from Perkins Coie LLP outlines governance best practices for public company boards, covering fiduciary duties, oversight structures, committee responsibilities, compliance systems, and disclosure obligations. It emphasizes risk oversight, transparency, and evolving regulatory expectations affecting board accountability in complex operating environments. 

Why this resource matters 
It provides operational grounding for CPR governance by clarifying how boards oversee risk, disclosure, and fiduciary responsibilities in politically and socially complex systems. In particular, it provides the legal and conceptual basis for the governance of public affairs.

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As investors increasingly focus on systemic risks, few risks are as consequential as the weakening of democratic institutions and the rule of law -- or today’s once-in-a-generation operational and strategic challenges from AI, an increasingly chaotic political environment, and more.  Yet, as an investor, it can be difficult to translate these systemic risks into concrete actions. Focusing on public affairs governance – how companies make decisions about whether and when to engage in the public sphere, can be one helpful lens.

This new tool from Third Side Strategies helps investors to ask sharper questions—of companies and of themselves. It introduces the concept of CPR Governance (a set of best practices for whether and when to engage in the public sphere) which helps investors in two ways: (i) prompting companies to think more concretely about their public affairs practices and strengthen any areas of weakness highlighted by the questions, and (ii) providing investors the information needed to more effectively manage this systemic risk across their portfolio.

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ArticleSubstack

This commentary argues that rising authoritarianism represents a material risk to investors by undermining rule of law, regulatory stability, and democratic institutions. It explores how political systems influence capital markets and suggests investors and companies must incorporate governance and democracy risks into investment analysis.

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Article Harvard Kennedy School

This teaching resource promotes constructive disagreement and structured debate as tools for better public decision-making. It encourages leaders to engage with opposing perspectives thoughtfully, emphasizing intellectual humility, evidence-based reasoning, and respectful dialogue to improve policy and organizational outcomes.

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Article KPMG

This report proposes a framework for integrating corporate value creation with societal outcomes, arguing that long-term business success depends on healthy economic, social, and environmental systems. It calls on companies to align strategy, governance, and performance measurement with broader system impacts, moving beyond short-term financial metrics toward shared value creation. 

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About the CPR Hub

The CPR Hub helps companies navigate a hyper-political world by strengthening their public affairs governance practices, featuring emerging best practices, practical tools, and compelling materials for discussing why, when and how CPR Governance might be adapted for a specific company. It is published by Third Side Strategies, a non-partisan action-oriented think tank and non-profit advisory firm.

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We know CPR Governance is a journey, unique to each company. Here are a few next steps to consider.

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