Higher stakes for stakeholders

Companies like McDonald’s and Starbucks have reported drop in sales and in some rare cases, outlet closure, due to the boycott related to the Gaza conflict.

CORPORATE Malaysia has been facing many challenges other than the business environment in the past year or so due to unforeseen risks that have now become apparent elephants in the room.

There are no precedents or action plans for how a corporation, especially a listed one, should respond when faced with such publicity, which causes risk managers and consultants to struggle with solutions.