*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
Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Load More