Politics Can Be a Business Asset
null Nov. 20, 2023 2:32 pm ET Photo: Getty ImagesStuart Altschuler’s Nov. 13 letter is correct that corporations exist “to sell products and make a profit,” but he misses the mark when he argues that corporations should not engage in “political activity.” Corporate leaders may well decide that adopting a particular image, or supporting a particular candidate or political position, would attract more customers than it alienates, thereby increasing profits. While the author urges that “corporate neutrality is the best business policy,” that judgment properly rests with the executives who run a company, not outsiders and certainly not politicians.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Continue reading your article witha WSJ subscriptionSubscribe NowAlready a subscriber? Sign InSponsored OffersTurboTax: Save up to $15 with TurboTax coupon 2023The Motley Fool: Epic Bundle - 3x Expert Stock RecommendationsH&R Block Tax: Get 20% off H&R
Nov. 20, 2023 2:32 pm ET
Stuart Altschuler’s Nov. 13 letter is correct that corporations exist “to sell products and make a profit,” but he misses the mark when he argues that corporations should not engage in “political activity.”
Corporate leaders may well decide that adopting a particular image, or supporting a particular candidate or political position, would attract more customers than it alienates, thereby increasing profits. While the author urges that “corporate neutrality is the best business policy,” that judgment properly rests with the executives who run a company, not outsiders and certainly not politicians.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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