U.S. politics has been a hot topic throughout the pandemic but has come sharply into focus due to the ongoing debate around voting rights legislation at the State and National level. Americans recognize the growing influence businesses have in politics and are now holding them to high expectations.
Introducing the 2021 Porter Novelli Focus: Business & Politics.
Key Findings Include:
- 70% of Americans believe the private sector has become a more central figure in influencing government legislation
- 74% think company leaders/CEOs can influence politics and government legislation
- 64% believe businesses should speak out against government legislation if it doesn’t align with their company’s values
- 48% do research to see which PACs or politicians a company is making contributions to
This research shows that companies can and should speak up on domestic political issues but must be ready for the ramifications – good and bad. As the spotlight continues to shine on the private sector’s government engagements, stakeholder expectations on domestic political engagement by U.S. businesses will continue to shift and increase. In such uncertain times, one thing is for sure, stakeholders are inspecting all aspects of businesses and the private sector must be prepared to respond.