The 2020 murder of George Floyd sparked mass protests that pushed many institutions, including corporations, to confront racial inequality. From 2020 to 2024, companies issued public statements to align with racial justice causes and protect their reputations from claims that their practices perpetuate inequality. In response to conservative backlash, many began to withdraw those commitments. Disclosureland argues that corporate rhetoric – whether omitting past involvement in racial inequality, presenting race-conscious disclosures as evidence of action, or retreating under pressure – limits meaningful racial progress. Even when companies pledged to hire and promote people of color or fund racial equity causes, those pledges often served to narrow the scope of corporate responsibility. Through detailed analysis, Disclosureland shows how these practices preserve corporate financial interests while appearing responsive. The book is critical, corrective, and hopeful, urging a functioning federal government and corporate stakeholders to hold companies accountable for their words to enable real progress.

‘Disclosureland offers a bracing tonic against frothy corporate announcements of racial equity efforts. From Adediran the social scientist we learn that companies resist systemic change that might open opportunity, and paper over problems that customers and shareholders deserve to know about. From Adediran the lawyer we learn that governments could be demanding disclosures that could lead to real change. This book offers a trenchant, incisive analysis - and genuine hope.’

Frank Dobbin - Henry Ford II Professor of the Social Sciences, Harvard University

‘By examining the flood of corporate statements professing a commitment to racial equity made in the wake of George Floyd’s murder, Atinuke Adediran’s Disclosureland offers an unflinching assessment of how corporations opportunistically use race-conscious disclosure to bolster their reputation while strategically relying on such disclosures to avoid addressing racial inequity. Discslosureland is a long-overdue window into the interplay of corporate governance, public disclosure, and racial inequality. Discslosureland not only shines a critical spotlight on the downsides of disclosure but also represents a persuasive call to action for anyone concerned about creating a more just society.’

Lisa Fairfax - Presidential Professor of Law, University of Pennsylvania Carey Law School

‘In the wake of George Floyd’s murder, corporations vowed to stand for change. But did their words drive progress-or merely protect profits? Disclosureland reveals how corporations, through strategic public statements and disclosures, have crafted an image of race consciousness while constraining true racial progress. Examining case studies from Amazon, Walmart, and beyond, this groundbreaking book uncovers the mechanisms by which corporate words shape societal expectations, mask inequality, and sideline real change. A powerful call for accountability and systemic reform, Disclosureland challenges readers to rethink the role of corporations in addressing racial injustice.’

Angela Onwuachi-Willig - Dean and Ryan Roth Gallo Professor of Law, Boston University School of Law