New study shows political commitment increasingly important for CEOs

Political and social engagement is a relevant topic for European business leaders. CEOs are increasingly making public statements on political issues in order to make a positive contribution to socially relevant topics. These are the findings of a recent study conducted by ESMT Master’s in Management graduate Christoph Cewe in cooperation with United Europe e.V. The study surveyed 40 leaders of large European companies. Of those surveyed, 77.5 per cent believe that managing directors should take a stand on political issues, and 62.5 per cent state that they are also (very) likely to express themselves in sociopolitical terms. The most frequently reported motives for taking a public stance are to contribute to society (78 %) and to express corporate values (72 %).


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Source: Phys.org