haku: @author Marcus, A. A. / yhteensä: 12
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| Tekijä: | Marcus, A. A. Goodman, R. S. |
| Otsikko: | Victims and shareholders: the dilemmas of presenting corporate policy during a crisis. |
| Lehti: | Academy of Management Journal
1991 : JUN, VOL. 34:2, p. 281-305 |
| Asiasana: | CRISES CORPORATE STRATEGY SHAREHOLDERS |
| Kieli: | eng |
| Tiivistelmä: | The impact on the stock market of the announcement that corporate managements make during three types of crises (accidents, scandals, and product safety incidents) is empirically analyzed. Such crises exacerbate stakeholders' demands in such a way that conflict can arise between the interests of stakeholders and crisis victims. Results suggest that significant differences exist between shareholders' responses to accommodative and defensive signals from management after the three types of crisis. Accomodative signals tend to serve such interests following accidents. There is no significant difference between responses in the case of product safety and health incidents. |
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