Are Corporations The New Political Center Ground? [Forbes]
McDonald's Corporation (MCD)
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Source: Forbes
Traditionally, business has often favored the political Right - lower taxes, less intervention and more free market policies. It has generally shirked the Left, which was more associated with higher taxes, more intervention and social agendas. But, in an age of political polarisation when many citizens are looking for leadership elsewhere, many corporations are having to step up and adapt to retain and grow their customer base. Let’s look at three key issues where business is the new center ground. Trust Let’s start with trust. Trust in government has gone down in recent years. The OECD has shown that only 43% of citizens in OECD member countries trust their overall Take for example the recent transgression by the former CEO of McDonald’s Steve Easterbrook. Subsequent to the discovery of his relationship with an employee he was let go by the corporation. This decision was swift and notable – it demonstrated that even the CEO is not above company policy. Whether you agree with the situ
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- MCD's page on the SEC website