Trump presidential bid poses dilemma for big business

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Top CEOs value stable democracy but risk backlash for advocacy amid Trump presidential bid, analysts say.

Business leaders remain torn over whether to publicly address threats facing U.S. democracy, including Trump, former executives and advocacy group leaders told ABC News, citing conversations with CEOs.

Elizabeth Doty, the Director of the Erb Institute's Corporate Political Responsibility Taskforce at the University of Michigan, said Trump looms over conversations with C-suite officials about the 2024 election, even if his name isn't mentioned. Sonnenfeld, who convened the November 2020 conference call with top CEOs, described them as "anxious" about Trump's 2024 bid. However, he added, "they might be idealistic or naive. They don't believe Trump will be the candidate in the final run of things."

While affirming that CEOs would take action again in such circumstances, Ballou-Aares said she hopes they take steps sooner to help prevent a potential crisis like the one that followed the 2020 election. "We would like to do everything possible to avoid that," Ballou-Ares said.

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