Viewsroom: Investors target sexual misconduct

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 29 December 2017

⏱️ 17 minutes

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Summary

Companies that sweep settlements for bad behavior under the carpet will feel shareholder ire in 2018, Breakingviews predicts. Plus, Apple will float past the EU’s roving eye, splintering political parties are a ticking U.S. time bomb and bank bosses may hang up their hats. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:30.6	The views expressed on this podcast are those of the participants, not of Reuters News.
0:42.5	Thank you. of the participants, not of Reuters' News. Welcome to the Views Room, a weekly conversation among breaking views columnists about the ups and downs of the world of finance.
0:48.6	I'm Jennifer Sabah. This week's edition is part two of our prediction series. Listen in as my colleagues discuss what's ahead for the new year.
0:59.1	Jen, let's turn to the rather awful topic of sexual harassment, which has been in the news a lot in 2017.
1:07.3	Your prediction is that next year it's actually going to get right into the boardroom where
1:13.2	directors will have to debate what this means as another risk to their company. Tell us what
1:18.2	all this is about. Yeah, I mean, I think the situation has gotten so bad that corporate boards,
1:25.9	they can't ignore it and they have to address it. And I think historically
1:30.2	sexual harassment and just misbehaving has always been in the purview of human resources. And
1:36.6	it's always kind of been in that department. If it got even that far. If it got even that far and,
1:41.4	you know, typically involved a lot of non-disclosure agreements settlements people go away
1:46.8	and you know the the company continues really basically about protecting the firm using secrecy
1:52.8	yeah it just basically shoving it under the rug so I think now that in light of all the
1:59.8	allegations that are out there right now that it's just gotten to
2:02.9	the point where boards can't ignore this any longer and it's and it's now their issue it is it has
2:09.1	gotten into the boardroom is that because it's just happening so often or is the i mean if it's a
	...

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