“Indeed, Kossovsky says that, while boards can’t ignore when lawmakers threaten financial repercussions, they should be aware that “much legislative action is performative,” in his view. “Legislators have the power to create retroactive benefits, so short-term threats may resolve to performative theatrics of no substantive consequence over time,” Kossovsky says.”Agenda Week
April 27, 2021
“Kossovsky says,’If the CEO is allowed to embarrass themselves, it hurts the firm.’”
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