*By Madison Alworth* The decision by CBS's board of directors to [keep](https://cheddar.com/videos/moonves-scandal-may-pave-the-way-for-cbs-viacom-merger) Les Moonves as CEO after allegations of sexual harassment by half a dozen women may have drawn public scrutiny, but the company's internal culture is also at risk, said Ripa Rashid, co-president at the Center for Talent Innovation. "When leaders are alleged to be predators, it has a big fallout effect," Rashid said Tuesday in an interview with Cheddar. Her non-profit think tank [published](http://www.talentinnovation.org/_private/assets/WhatMeTooMeans_KeyFindings-CTI.pdf) a study in July that charts the effects of workplace harassment on companies in the era of the #MeToo movement. CTI surveyed 3,213 respondents, men and women, age 21 to 65. The data revealed that approximately one in three women have been harassed in the workplace, and, Rashid said, this can dramatically change any company's atmosphere ー and hurt its profits. "Organizations need to take a stand, boards need to take a stand. Not just because it's a moral right thing to do, there's financial impact," she said. According to CTI, victims of harassment are more likely to feel professionally unsatisfied, and their colleagues who are aware of the harassment are also more likely to experience disillusionment at work. "The toxic corporate culture we find in our studies, people feel disengaged from \[it\]. They feel less likely to trust that organization. And people are going to start to look for other jobs," Rashid said. For more on this story, [click here](https://cheddar.com/videos/how-corporations-are-impacted-in-the-wake-of-sexual-harassment-allegations).

Share:
More In Business
Stretching Your Dollar: Holiday Bonus
Grant Buckholt, financial adviser with Northwestern Mutual, joined Cheddar News to discuss what exactly a holiday bonus entails and provided tips on how to budget it.
Stretching Your Dollar: Steps to Take for Financial Freedom
Many of us will look to chart a path to tackling finances as the New Year arrives. Jamila Souffrant, author of "Your Journey to Financial Freedom," joined Cheddar News to discuss steps on what to take if you're looking to take control of your life for financial freedom.
Home Entertainment for the Holidays
If you're looking to upgrade your home entertainment system, Vizio may have you covered, especially this holiday season. Phil Schneider, head of device sales with Vizio, spoke with Cheddar News about what's currently in demand.
Load More