ArticleAspen Business & Society Navigator

Is it Time for Business to Change with the Times?

What It Is: A 2026 issue of the Business & Society Navigator, the newsletter of the Aspen Institute's Business & Society Program, framing how affordability pressure, a U.S. midterm run-up, and political upheaval abroad are changing what people expect of business and its leaders. 

Why It Matters: People are under growing economic strain and are not staying on the sidelines: elections in Brazil, Israel, and Serbia have drawn high turnouts, and protests continue in Europe and India. Private companies now exert power once reserved for heads of state, and an anxious, engaged public is watching how they use it. That is a core Responsibility question for business leaders. 

How to Use It: Use it to open a leadership or board conversation on how your company's political and societal influence is being read by employees, customers, and communities, and whether your public affairs practices hold up under that scrutiny. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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WebsiteCivic Alliance

Civic Alliance assembled a robust playbook for companies to more representatively support a strong democracy. The playbook includes concepts to support one’s business case, questions to ask oneself in building an action plan, and concrete steps to better engage employees, consumers, and other stakeholders.

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ArticleHarvard Business Review

Strine and Lund argue that political spending hurts shareholder interests because it increases risks, is not transparent, and correlates with lower financial performance. They make the case that companies should either end all spending, obtain shareholder consent, or limit expenditures to PACs (which are strictly voluntary and have mandated disclosure).

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportBeneficial State Foundation

The Equitable Bank Standards define a comprehensive framework for banks across five areas: governance, lending and investments, products and services, operational practices, and corporate citizenship. They lay out concrete standards for maximizing positive social and environmental impact while minimizing harm, guiding bankers, regulators, advocates, and customers in assessing whether finance advances equity and community well-being.

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