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The coronavirus pandemic caused a sharp market decline while raising heterogeneous responses across companies related to their employees, supply chain, and repurposing of operations to provide needed products and services. We study whether during the 2020 COVID-19 induced market crash, investors...
Persistent link: https://www.econbiz.de/10012243533
The debate over how firm stakeholder engagement is tied to preserving shareholder wealth has received growing attention in recent years, especially in the wake of the COVID-19 crisis. Against this backdrop, we examine the relation between corporate social responsibility (CSR) and stock market...
Persistent link: https://www.econbiz.de/10013251635
In the past decade, the stakeholder approach has gained much acceptance among academics and practitioners. Noticeably, there has been little consideration of the motivations and processes used by businesses to avoid or neglect stakeholder power and pressures. This is all the more remarkable in...
Persistent link: https://www.econbiz.de/10014027177
This paper begins with discussing how Coca-Cola paved its way from a rip off of Vin-Mariani (wine-cocoa luxury drink popular in the 18th century) to a global beverage brand, through diplomatic strategies, political lobbying, the formation of powerful allies and other strategies through covert...
Persistent link: https://www.econbiz.de/10012826810
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Social media and social media tools have improved rapidly and started to influence society especially in recent years. This influence has forced businesses to revolutionize their communication with the external environment. The fact that Web 2.0 has an influence on consumer behavior, and that it...
Persistent link: https://www.econbiz.de/10012892361
Mediation as a ‘preemptive discipline’ is introduced with relevant theories and research, including from psychology and business studies.The paper is contemporary descriptive using a conflict that is very present in modern discussion: The sustainability of nature in contrasted with business...
Persistent link: https://www.econbiz.de/10013248492
This chapter explores the experiences of a group of New Zealand-based organizations from a range of industries and sectors in responding to the challenges wrought by COVID-19. Focusing on the board of directors, we relate the lived experiences of CEOs, board chairs and directors in handling the...
Persistent link: https://www.econbiz.de/10013251038
After fitting a topic model to 79,597 COVID-19-related paragraphs in 11,183 conference calls over the period January to April 2020, we obtain measures of firm-level exposure and response to COVID-19 for 3,019 U.S. firms. We show that despite many different ways through which COVID-19 affects...
Persistent link: https://www.econbiz.de/10012830528