The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Sat, 04 Apr 2026 11:30:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Bringing the #MeToo Movement into the Boardroom – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Bringing the #MeToo Movement into the Boardroom https://corpgov.law.harvard.edu/2018/03/21/bringing-the-metoo-movement-into-the-boardroom/?utm_source=rss&utm_medium=rss&utm_campaign=bringing-the-metoo-movement-into-the-boardroom https://corpgov.law.harvard.edu/2018/03/21/bringing-the-metoo-movement-into-the-boardroom/#comments Wed, 21 Mar 2018 13:02:07 +0000 https://corpgov.law.harvard.edu/?p=105463?d=20190311182644EDT Posted by Arthur H. Kohn, Pamela L. Marcogliese, and Kimberly R. Spoerri, Cleary, Gottlieb, Steen & Hamilton LLP, on Wednesday, March 21, 2018
Editor's Note:

Arthur H. Kohn, Pamela L. Marcogliese, and Kimberly R. Spoerri are partners at Cleary, Gottlieb, Steen & Hamilton LLP. This post is based on a Cleary Gottlieb publication by Mr. Kohn, Ms. Marcogliese, Ms. Spoerri, and Vanessa C. Richardson.

Maintaining a workplace environment free of discrimination, sexual harassment and other misconduct is critical to both the short-term productivity and long-term health of a business. Reports of sexual harassment allegations at public corporations can have material negative effects on stock price, with some corporations seeing double digit single day drops after accusations are made public. As we have written elsewhere, the primary obligation to manage these risks on a day-to-day basis falls to executive leadership. [1] But the #MeToo movement also has raised questions about the role of boards of directors to provide oversight of management and, to the extent that senior management may be a source of the problem, the board’s obligation to take more direct action.

This post discusses some key issues for General Counsel to consider as they advise corporate boards about how to navigate their responsibilities in this environment.

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