Hysteria, groupthink and a fair amount of hypocrisy are the key ingredients in a ruinous cocktail that has managed to intoxicate some formerly profit-focused boardrooms. One day, it’s the Adena Friedman-led Nasdaq stock market demanding that its US-listed companies have fully diverse boards even as it ignores a Chinese company’s treatment of the oppressed Uighur…
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Cowardly CEOs’ woke political activism is a PR gimmick
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