damage

Last week, the company said that earnings in its latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility.

This case exemplifies how CEO activism that contradicts the political preferences of a company’s core constituency can severely damage corporate performance.

The latest comes barely a month after back-to-back typhoons killed over a dozen people and wrought damage to infrastructure and crops.

Finding tax rises of the tune of £20-£30bn - sucking that amount out of the economy - is impossible without affecting incomes or profits, which risks damaging the outlook for growth.

His reputation became damaged when it emerged that Halliburton had won the contract to restore Iraq's oil industry, and that he was to receive $500,000 in deferred compensation from the company.