How a Yale professor's viral list pressured companies to pull out of Russia
The sheer volume of companies clamoring to join the list of corporations withdrawing business from Russia after President Vladimir Putins invasion of Ukraine came as a shock to Yale management professor Jeffrey Sonnenfeld.
Founder of the Chief Executive Leadership Institute, Sonnenfeld has spent four decades pushing CEOs to act to benefit society, not just shareholders, on social issues ranging from gun control to voting rights. But nothing has drawn as much attention or support from business leaders, media or the public as his inventory of companies that have cut ties with Russia.
So many CEOs wanted to be seen as doing the right thing, Sonnenfeld, 67, said in a telephone interview. It was a rare unity of patriotic mission, personal values, genuine concern for world peace, and corporate self-interest.
The list, updated hourly by his research team, has grown to more than 330 as of Friday.
https://www.msn.com/en-us/money/companies/how-a-yale-professors-viral-list-pressured-companies-to-pull-out-of-russia/ar-AAUVnPH