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Connecticut businesses are cutting ties with Russia. Can corporate governance impact Russian leadership?

Logos of Connecticut companies leaving or reducing ties with Russia
Sujata Srinivasan
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Connecticut companies leaving or reducing ties with Russia.

Stanley Black & Decker, Xerox, and Otis Elevator are among a growing list of Connecticut companies exiting or reducing ties with Russia as a result of its war in Ukraine.

This hour on Where We Live, we hear from a Yale School of Management researcher who is compiling the global list, on whether and how the corporate exodus – as well as pullbacks by state pension funds – could impact decisions by the Russian leadership. We look at how corporate exits helped to end apartheid, and how individual investors and customers are exercising their voice in corporate governance and on broader, geo-political ideologies.

Beyond ideology and de-risking, we also hear from the author of a Harvard Business Review paper on how companies in ESG-focussed portfolios (Environment, Social, Governance) perform badly on ESG, and how little influence investors have on the ESG behavior of companies or countries.

That might be the case for large corporations, but in Connecticut and elsewhere, young, socially-minded entrepreneurs are successfully launching ESG companies – and raising funds from investors who share their dream. We hear more from the founder of an incubator – a social enterprise in Hartford.

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Sujata Srinivasan is a Senior Producer for 'Where We Live,' the flagship news-based, call-in talk show from Connecticut Public Radio, featuring deep dives at the intersection of data-driven narrative and investigative long-form journalism. She's also an editor for the Connecticut Public newsroom.
Lucy is the Executive Producer and Host of Connecticut Public's morning talk show, 'Where We Live.' She’s a longtime public radio reporter covering several beats including immigration, juvenile justice and child welfare issues, education, veterans affairs and the military.