Are investors demanding it? I see no signs of that. A lot of this is CYA - the board goes "Well, everyone else is doing, it, we better do it, too."
A lot of people give "investors" a lot of power they simply don't hold. Show me one case where investment sentiments reached into HR. I've never heard of that ever happening.
I would guarantee you, the decision to indulge in this sham is coming from CEOs and Board members, who don't want to be sued by BLM, or boycotted. Investors have no say in such matters. They can buy stock, or sell it, or not buy it.
Are investors demanding it? I see no signs of that. A lot of this is CYA - the board goes "Well, everyone else is doing, it, we better do it, too."
A lot of people give "investors" a lot of power they simply don't hold. Show me one case where investment sentiments reached into HR. I've never heard of that ever happening.
I would guarantee you, the decision to indulge in this sham is coming from CEOs and Board members, who don't want to be sued by BLM, or boycotted. Investors have no say in such matters. They can buy stock, or sell it, or not buy it.
That isn’t true but I’m not going to doxx myself by providing additional detail. We’ll have to agree to disagree.