Company stakeholders and reputation of a company
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Do company stakeholders affect the reputation of a company? Give an example where you think this is true.
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Solution Summary
Response elaborates the impact of company stakeholders on the reputation of a company
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Stakeholders include all the parties which have interest in the company. For example shareholders, investors, employees, creditors, suppliers, customers etc.
The conduct of employees affect the reputation of a company. If the conduct is unethical then the image of the organization will deteriorated.
I am giving the example of Nortel taken from the wikipedia:
Nortel shares soared in the late 1990s and collapsed in 2002 along with the technology bubble. Nortel then reported a return to profitability in early 2003, following ...
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