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.

Insights

Original research, analysis and case studies to help business leaders build capacity, foresee scenarios and apply CPR.
Data Show that Local Economies are Harmed by Increased Immigration Enforcement

Data Show that Local Economies are Harmed by Increased Immigration Enforcement

By Dr. Núria Rodríguez-Planas and Jennifer Roff
Recent immigration enforcement raids have led to large disruptions in local communities, affecting spending at local businesses. Our research, which uses data from the Deportation Data project combined with card spending data, indicates that spending at local businesses in states where community ICE arrests have been most concentrated has been affected by these raids, with card spending falling nearly two percentage points in these states after January 2025. Given that these spending declines represent lost revenue, companies have a fiduciary responsibility to mitigate the harm of immigration enforcement.
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Business Leaders Should Be Lobbyists for Society First, Their Companies Second: Lessons from Nordic Capitalism

Business Leaders Should Be Lobbyists for Society First, Their Companies Second: Lessons from Nordic Capitalism

By Robert G. Strand
Drawing on his new book, Nordic Capitalism: Lessons for Realizing Sustainable Capitalism, Robert G. Strand explores how the Nordic societies evolved toward an effective form of democratic capitalism rooted in negotiation, cooperation, and power-sharing, with business leaders embracing a role as stewards of democracy and capitalism. He considers what lessons this experience offers American business leaders for advancing Corporate Political Responsibility.
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Gaping Holes in Business Education

Gaping Holes in Business Education: The Role of Business in Policy-Making…and the Role of Government in the Market

By Andrew J. Hoffman
Modern business education has a critical deficiency: it fails to teach the interconnected roles of corporate lobbying in policymaking and government regulation in the market. Students often rely on naive, binary views that paint government and business as inherent adversaries. In truth, vibrant markets require government guardrails to prevent excessive market power and the externalization of costs, and constructive corporate lobbying can serve the public good. Business schools must evolve to equip future leaders with the political acumen necessary to navigate complex social challenges with an eye to corporate political responsibility.
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Showcase

A dynamic repository of CPR resources from across the field, including tools, reports and educational materials.
BookWiley

What It Is: A 2026 book by retail futurist Doug Stephens (founder of Retail Prophet) arguing that declining institutional trust, eroding economic fairness, and a weakening education system aren't just societal problems but an untapped source of competitive advantage, laying out a step-by-step business plan for companies to invest in strengthening democracy, fair capitalism, and public education in order to set strategy for the next era of business. 

Why It Matters: Stephens frames the stakes directly: "no company can thrive in a society that is failing." He argues that the postwar engines of trust, fair capitalism, and education that powered prosperity are now seizing up, and that companies which help restart them can build investor confidence, employee commitment, and customer loyalty in the process. In Chapter 30, he makes the business case for reinforcing democracy and the need for corporate political responsibility, where companies conduct themselves "in a manner that supports and reinforces the rules of play necessary for a free market.” 

How to Use It: Use the book's step-by-step business plan as a starting framework for connecting your company's civic and democracy-related investments directly to competitive strategy. Refer to Chapter 30 as you craft and apply a reasonable set of rules to guide political advocacy, donations, and lobbying, to ensure you are reinforcing and strengthening the foundational systems that contribute to a healthy free-market and well-functioning democracy. 

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WebsiteElection Security Exchange

What It Is: A nonpartisan hub providing trusted election security resources, training, and timely updates for election officials, organized into Physical Security, Cybersecurity, and Operations resource libraries, plus services including trainings and an Insights & Events series. 

Why It Matters: Election offices face novel risks this cycle — from targeted cyberattacks to physical threats against officials — and companies increasingly need both practical actions and a defensible rationale for supporting election security. This directly reflects Responsibility b) — Strong representative democracy, which calls on business to help protect "effective, transparent and accountable civic institutions" — making the Exchange's concrete, operational guidance (e.g. its recent website-security "fast wins") a template for what that support looks like in practice. 

How to Use It: Companies with cybersecurity, physical-security, or crisis-communications expertise can use the Resource Library to understand what local election offices actually need and consider offering pro bono expertise or in-kind support through the Exchange's Services page. 

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ReportAtlantic Council

What It Is: The Atlantic Council's annual index ranking 171 countries on political freedom, economic freedom, and rule of law (the Freedom Index) alongside income, health, education, environment, and inclusion (the Prosperity Index), using thirty years of data from 1995 to 2025. 

Why It Matters: This year's headline finding is that the rule of law itself is now eroding, not just political freedom — the global Legal Subindex has declined by over a point since 2020, with the US declining from 81.2 to 69.8 since 2014. . Notably, the data shows that rule of law correlates most sharply with prosperity. Having this concrete data can help companies weigh systemic interests more accurately in their public affairs priorities. 

How to Use It: Use the interactive country-profiles rankings to view the US-specific trend line alongside markets where your company operates. against thirty years of rule-of-law, political freedom, and economic freedom data — useful for enterprise risk assessments, issue prioritization, board-level briefings on geopolitical exposure, and crisis readiness. 

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ArticleHarvard Business School Institute for Business in Global Society (BiGS)

What It Is: An HBS Institute for Business in Global Society article profiling how companies like Levi Strauss, Salesforce, and Patagonia are supporting non-partisan voter participation while managing the risks of political backlash. 

Why It Matters: The perceived legitimacy of these programs is broad: 82% of U.S. adults say companies should give employees time off to vote, and 69% say firms should actively encourage voting. That external legitimacy translates to measurable company-level impact — working at a Time to Vote member company increases an employee's likelihood of voting by 2.1 percentage points, based on a study of 30 million workers at 377,000 companies. 

How to Use It: Consider your company's existing commitments to civic participation and which level of engagement fits — paid time off to vote, poll-worker support, or voter registration partnerships. Then consider how to articulate your rationale in a way that respects broad public opinion on the issue. Use the Levi Strauss, Salesforce, and Patagonia examples as models. 

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ReportLeadership Now Project

What It Is: This resource comes from the Leadership Now Project, which describes itself as a nonpartisan coalition of business leaders and outlines principles that guide its positions. This particular resource is explicitly framed around how the risk environment for the 2026 midterms has shifted before, during, and after Election Day, paired with an explainer on U.S. election safeguards and a five-point action plan for business leaders. 

Why It Matters: The memo grounds its case in the safeguards already in place — 96% of voters use a paper-verified ballot, 49 states conduct post-election audits, and 44 states verify mail-in ballot identity — while flagging specific new risks that could affect voter confidence and election administration this cycle. 

How to Use It: The memo's five actions distill to three for most companies: engage early and directly with your state and local election officials to ask how you can help; support employee civic participation through paid time off, poll-worker programs, and internal voter education; and prepare in advance — with other business leaders — for how you'd respond if post-election disputes arise. 

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ReportBCG

What It Is: A 2026 BCG article, based on interviews with over 35 CEOs, senior executives, and community leaders, mapping a five-level spectrum of local civic engagement — from initial policies like volunteer time off to full civic leadership — and outlining five steps for CEOs to structure it as a source of competitive advantage rather than discretionary giving. 

Why It Matters: BCG's Trust Index research shows the most trusted companies generate roughly 2.5 times more value creation than market-average firms — and in the current environment of distrust, companies that show up for their local communities build exactly that kind of credibility. The case is concrete: Michelin's partnership with 50+ organizations transformed a shuttered factory site in Clermont-Ferrand into a €300 million innovation district, while Shipt's LadderUp Accelerator has awarded $1.3 million in grants enabling 2.3 million meals for food-insecure families. 

How to Use It: BCG's five steps for effective civic engagement distill to three: pick a specific, sustained focus area rather than spreading effort thin; contribute expertise and ecosystem relationships, not just funding; and build governance and measurement into the effort from the start so it survives leadership changes and budget cycles. Use our Principled Influence Guide when formalizing civic engagement to ensure it is consistent with your Public Affairs Purposes and Priorities. 

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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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