In Episode Four, John and Stephanie discuss how corporate boards and officers should respond to negative financial news and specifically the speculation that a recession in 2023 appears inevitable. Stephanie and John look at this topic through the lens of the liability risks that a recession and talk of a recession pose for directors and officers. First, using the comparison of the COVID pandemic, they explore how company leaders and decision makers might be faulted for failing to prepare for a recession. That leads to a discussion of how boards should communicate with shareholders about recession concerns. Finally, they talk about how a recession can disrupt a company’s prior decisions and existing commitments on a variety of issues, such as ESG, recruiting and compensation.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n
You can listen to the podcast episode above or for easy access on the go, listen to the podcast on the PLUS Connect App<\/a>.<\/p>\r\n <\/p>\r\n","protected":false},"excerpt":{"rendered":" In Episode Four, John and Stephanie discuss how corporate boards and officers…<\/p>\n","protected":false},"featured_media":19644,"template":"","business-line":[42],"topic":[29],"class_list":["post-19639","podcast","type-podcast","status-publish","has-post-thumbnail","hentry","business-line-directors-and-officers-do","topic-professional-liability-pl-insurance"],"acf":{"release-date":"20230202","episode":"4","audio-embed":"