CEO's learn the downside of caving to the woke

 Breitbart:

The days when woke employees could easily pressure their CEOs into taking left-wing political positions appear to be ending as top business leaders are reportedly seeking to avoid a PR disaster like the one Disney brought on itself in Florida.

The war between the Walt Disney Co. and Florida Gov. Ron DeSantis (R) has alarmed leaders across corporate America and brought about a new round of corporate soul-searching, according to executives and their advisers who spoke to the Wall Street Journal.

The newspaper reported that in private meetings and coaching sessions during the past few weeks, top business leaders have been asking a version of the same question: How can we avoid becoming the next Disney?

Disney recently lost its valuable self-governing status in Orlando after the company provoked Florida lawmakers by vowing to fight the state’s Parental Rights in Education law, which prohibits the teaching of sexual and gender ideology to kids in kindergarten through third grade.

...

Despite an aggressive mainstream media campaign against the Florida legislation, a recent poll shows that Florida Democrat voters support the Republican-backed law, 52 percent to 36 percent.

Disney shares have plummeted more than 30 percent in the past year, making it the worst performing Dow stock.

...

These kinds of screw-ups also sometimes lead to shareholder derivative lawsuits against the management of public companies.  That can happen when a management decision leads to the devaluing of stock holdings.

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