Should boards weigh in on social and political matters?

Research shows that employees, customers, and investors favor organisations that address social and community issues. Boards need to assess if a stance aligns with their mission and values, considering stakeholder opinions and potential risks. Using a stakeholder governance framework and a risk management approach is essential to evaluate the impact of their position. Communication should be genuine, aligned with the organisation’s purpose, and not used to divert attention from other issues.

Read more here