Saturday, May 22, 2010

Anatomy of a hostile takeover

This episode is about a company and the obligation they have to the public to inform them when important people are at risk of serious health conditions. There was scheduled appointment with a reporter, but one fo the ceo's has suffered a stroke and could not make it. When reporter asks where he is, she is simply told that he had other business to attain to and that he would possibly meet with her another time. Was it right to mislead the reporter about the ceo's current health situation. On the one hand, she was actually not deceived, she was just not told anything. She was not given a definite response. On the other hand, ny not informing her, he puts the company at risk by making them seem untrustworthy. If the public, especially any stock holders find out abou this situation, no one will trust them. The company cannot mislead the stock holder or the public abou the company ot only because of legal issues, but it will destroy the companies' credibility.

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