After Disney leadership opposed parental rights legislation in Florida, Republican Gov. Ron DeSantis declared that “Disney is a guest in Florida” and signed legislation to end the Reedy Creek Improvement District — a 39-square-mile special governing and tax district that hosted Disney World while allowing Disney to avoid certain state taxes and regulations.
According to The Wall Street Journal, CEOs are now asking the question how they can steer clear of the same outcome for their own firms.
“The No. 1 concern CEOs have is, ‘When should I speak out on public issues?’” former Medtronic CEO and current Harvard Business School senior fellow Bill George told the outlet. “As one CEO said to me, ‘I want to speak out on social issues, but I don’t want to get involved in politics.’ Which I said under my breath, ‘That’s not possible.’”