VideoCorporate Political Responsibility Taskforce

CPR in Historical Context

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On August 5, 2021, we spoke with Mark Mizruchi, University of Michigan professor and author of The Fracturing of the American Corporate Elite to explore “Re-thinking Business’ Role in U.S. Polarization and How CPR Can Help Companies Respond”

Business leaders across the U.S. are increasingly alarmed at the destructive effects of political polarization, in their communities, in their interactions with state, local and federal government, and increasingly, among their employees. As these executives consider how to best respond, firms must wrestle with several critical questions:

  • How has business approached civic and political engagement differently over time, and what can companies learn from that today?
  • How might we define CPR (corporate political responsibility)? When should firms step in and when should they step back?
  • How can investing in the common good and practicing CPR help companies navigate the current minefield, especially around polarization?

In this module, we explore:

  • How has business approached civic and political engagement over time, and what can companies learn from that today?
  • Did business step out of the political arena?
  • How have business people historically thought about the common good and their role in it?

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 discussion.

Professor Mizruchi's research focuses on the economic and political behavior of large American corporations, among many other topics. His book, The Fracturing of the American Corporate Elite, (Harvard University Press, 2013), received the George R. Terry Book Award from the Academy of Management and the Distinguished Contribution to Scholarship Award from the Political Sociology Section of the American Sociological Association. Elizabeth Doty, Director of the CPRT, will moderate the conversation.

KEYWORDS: #CorporatePoliticalResponsibility #ESG #CivicEngagement #CivicInstitutions

More Resources

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BookHarvard University Press

Mancur Olson’s classic work explains why individuals often fail to organize effectively around shared interests, even when collective action would benefit all. His “free rider” problem and distinction between small and large groups reshape understanding of labor unions, corporations, and political coalitions. Olson’s framework underlies modern theories of governance, lobbying, and institutional design—key foundations for Corporate Political Responsibility. 

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ArticleMIT Sloan

Presents a framework for when companies should present forceful or tempered political positions based on their publicly stated values and materiality.

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Website

The Long-Term Stock Exchange (LTSE) listing standards include expectations that companies will take responsibility for long-term decision-making across strategy, governance, executive compensation, stakeholder engagement, and investor relations. These standards are designed to help businesses build sustainable value over time for all stakeholders, rather than focusing on short-term gains, allowing investors to better assess long-term capital investments.

 

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ReportSaylor Academy

This textbook section introduces major corporate and agency public-relations subfunctions: issues management, media and community relations, CSR and philanthropy, investor relations, marketing communications, government relations, lobbying, internal communication, crisis management, and more. It shows how communication, advocacy, and stakeholder engagement are structured inside organizations, shaping how they respond to risks, opportunities, and public scrutiny.

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