VideoCorporate Political Responsibility Taskforce

Addressing Concerns about Being Too Political

Angeli Patel with the Berkeley Center for Law and Business

Video 3 of 3

 

On February 8, 2024, we spoke with Angeli Patel with the Berkeley Center for Law and Business to explore “The Business Resiliency Case for CPR.”

As businesses seek to balance shifting expectations from stakeholders ranging from investors and legal counsel to customers and employees, they’re increasingly exploring how a principled structure for political activities can help increase business resilience and sustainability. In her recent work developing more than 30 case studies on corporate sustainability, Angeli Patel has discovered three indicators of resilient businesses across industries: 1) they opt to face challenges head-on rather than wait until a moment of crisis; 2) they’re curious about and engaged with their customers, investors and employees; and 3) they bring all decisions back to long-term goals rather than immediate challenges. In this conversation, we’ll discuss how corporate political responsibility factors into sustainability and can be a tool companies use to enhance these indicators of resilience.

In this module, we explore:

  • What lessons should companies take from concerns about getting too political?
  • Are there concerns about fiduciary duty?
  • Where is the firmest ground for companies to stand?

The Corporate Political Responsibility Taskforce (CPRT)’s Expert Dialogues are in-depth, recorded conversations with academic experts, stakeholder advocates and business practitioners to provide our members and other CPR champions with the expertise and context they need to develop principled, proactive CPR strategies. We invite those interested in a constructive, non-partisan, principles-based discussions

Angeli Patel is the Executive Director of the Berkeley Center for Law and Business. Previously, she was an attorney in the Sustainability & ESG Advisory Practice at Paul, Weiss, Rifkind, Wharton & Garrison LLP in San Francisco where she advised clients on the governance of climate and social risks, and a Lecturer at Berkeley Law. Prior to her legal career, Angeli served at the White House Office of Management and Budget under the Obama Administration and served as a policy advisor at the U.S. Department of Health and Human Services on consumer privacy.

Keywords: #CorporatePoliticalResponsibility, #CPR_Enterprise Risk, #CPR_FiduciaryDuty, #CPR_Legitimacy

More Resources

Sort by type
261 – 280 of 285 results showing
ArticleHarvard Business Law Review

The authors argue that withholding corporate political spending from investors increases reputational and legal risks. They contend that transparency allows investors to make informed decisions, aligning their investments with their values and minimizing potential risks. 

View Details
ArticleCalifornia Management Review

Suggests that a company’s political activities may have more impact on social and environmental sustainability than operations, and argues that corporate political responsibility requires transparency, accountability, and responsibility.

View Details
ReportIssue One

Informative look at what dark money is, how it came to be, and the influence it has on shaping our society. Provides both a report and a first-of-its-kind database shining a light on transactions happening in the dark.

View Details
ArticleHarvard Business Review

This article outlines how businesses can manage modern political risks, which now stem from a broader range of sources, including social media, local officials, and cybercriminals. It emphasizes four core competencies—understanding, analyzing, mitigating risks, and responding to crises—and provides practical questions and case studies to help companies strengthen their ability to handle political disruptions.

View Details
ReportCECP’s Strategic Investor Initiative (SII) and KKS Advisors

Investors showed clear market interest in long-term plans—particularly those with specific, forward-looking disclosures on strategy, trends, and financials—while vague or missing information on governance and ESG weakened impact, highlighting the need for more accountable, investor-relevant corporate communication to counter short-term market focus.

View Details
ArticleHBR

This article outlines CEO activism and its influence, risks, and rewards. Authors reference research to assert that CEOs must strategically decide when and how to engage with social and political issues. The included playbook provides insight on how to go about engagement for positive impact. By raising awareness and leveraging economic power, CEOs can embrace transparency and accountability to their company values.

View Details
ToolChief Executives for Corporate Purpose

Outlines a structured framework for CEOs to disclose 3–5 year strategic plans—financial and non-financial—to long-term investors, helping align sustainability, purpose, and market-facing strategy while demonstrating material impact on stock performance and investor confidence.

View Details
Article PwC Strategy + Business

This article examines how current economic and political upheavals reflect an ongoing misalignment between business and economies and acceptable societal outcomes. Encourages re-examination of long-held assumptions. 

View Details
BookCommittee for Economic Development

This report provides historical context on how business–government dynamics have contributed to rising inequality and public distrust, and invites business leaders to rethink their role in helping restore trust and shape a more inclusive, sustainable capitalism.

View Details
WebsiteGlobal Reporting Initiative

Summary of voluntary standard on reporting public policy management approach, including political contribution disclosures as is certified by the Global Reporting Initiative.

View Details
ReportNew America

This report from the New America Foundation’s political reform program advocates for a voluntary public database that tracks the political positions and papers of advocacy groups, making it easier to track who is advocating for what when it comes to critical policy debates, demystifying the lobbying process. 

View Details
ToolUnited Nations Global Compact

Seeks to advance the rule of law by engaging responsible business to support the building and strengthening of legal frameworks and accountable institutions – serving as a complement to, not substitute for, government action. 

View Details
ArticleBrookings Institution

This article advocates for and examines the role of managers in weighing corporate political responsibility with traditional shareholder primacy when lobbying. Builds a strong case and suggests that companies consider whether the public is informed or has the necessary expertise.

View Details
ReportFCLT

Dominic Barton, Mark Wiseman, Laurence Fink, Richard Edelman, Henry M. Paulson Jr., Lynn Forester de Rothschild, Nicholas Carr, Nitin Nohria, Paul Polman, Whitney MacMillan, Greg Page, Chanda Kochhar, Kathleen McLaughlin, Doug McMillon, Adrian Orr, John D. Rogers, Lim Chow Kiat, Euan Munro, Charles Tilley, Lei Zhang, Michael Sabia, James P. Gorman, David Walker, Angel Gurría, Ronald P. O’Hanley, Donald Kaberuka, Julie Hembrock Daum, Edward Speed, Angelien Kemna


This report compiles insights from CEOs, investors, and regulators emphasizing how quarterly earnings pressure and misaligned incentives restrict long-term strategic thinking, and it proposes governance reforms to realign business purpose with sustainable, multi-stakeholder value creation.

View Details

Lays out core principles—transparency, integrity, accountability, and effectiveness—with practical examples to help professionals and organizations engage in ethical and responsible lobbying. 

View Details
ArticleOxford

This chapter introduces a “market failures” approach to business ethics, arguing that while profit is a core obligation, businesses also have a duty to avoid exploiting legal or structural gaps in the market in order to preserve trust, fair competition, and long-term legitimacy.

View Details
ToolUN Global Compact

This 60-page report elaborates on the “how” of engaging in meaningful climate policy engagement. Illustrative examples spanning the globe are grounded by five core elements of responsible policy engagement and three key actions to put said elements into practice. 

View Details
BookHarvard University Press

Advances the argument that American CEOs, seemingly more powerful today than ever, have abrogated the key leadership role they once played in addressing national challenges, with grave consequences for American society. 

View Details
ReportUN

Widely accepted multi-sector framework outlining expectations for companies to evaluate and disclose their commitment to human rights, identify salient issues, identifying processes for responding to claims, conducting due diligence and identifying strategies to prevent, mitigate or remediate adverse impacts on individuals and communities. Supports corporate political responsibility by outlining political rights as human rights, and providing established processes to draw on. 

View Details
ReportHeritage Foundation

This article outlines how crony capitalism distorts the market, violates the principles of free markets, and risks value creation for all, as reflected in the Heritage Foundation's Index of Economic Freedom.

View Details
Share.

Do you have a resource to recommend for The CPR Hub? Please reach out and we will review it for future updates!

Receive Updates from The CPR Hub

Learn about new tools, insights and events to help you consider how CPR can help your company, clients or members.

Stay in the loop.