American business leaders break with Donald Trump
The president’s corporate advisory councils, now disbanded, had achieved little
“I’VE never known it to be an embarrassment for a business leader to be associated with an American president,” declares Max Bazerman of Harvard Business School. Donald Trump, in particular, has positioned himself as a businessman-president, whose corporate acumen would unleash a new era for American business. Investors seemed to believe him—his election prompted a giddy “Trump bump” in the stockmarket—and corporate bosses flocked to his side. This week they fled. For many, it seems as much a clear-eyed business calculation as a moral awakening.
This article appeared in the Business section of the print edition under the headline “End of the affair”
Business August 19th 2017
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- American business leaders break with Donald Trump
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From the August 19th 2017 edition
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