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- Title
Responding to a corporate crisis -- A framework for dealing with bad news.
- Authors
McLucas, William R.; Wertheimer, Laura
- Abstract
In today's climate, a company's failure to act promptly and properly in response to a government inquiry, to allegations raised by a whistleblower or a union, or to a story being written by a reputable reporter, can lead to severe negative consequences for that company. This paper focuses on the importance of, and key factors for, developing a framework to respond to such inquiries, including considerations that should guide the fact-finding process and development of a remedial plan. Effective corporate governance and appropriate planning can be determinative factors between a corporate crisis and a well-managed problem with an acceptable outcome.
- Subjects
UNITED States; APPRECIATIVE inquiry; INDUSTRIAL management; CORPORATE governance; PROXY statements; CORPORATE directors; WHISTLEBLOWERS
- Publication
Journal of Securities Law, Regulation & Compliance, 2010, Vol 3, Issue 1, p24
- ISSN
1758-0013
- Publication type
Article