Conclusion

.

Chapter 9 in Corporate White-Collar Crime Scandals, 2020, pp 164-165 from Edward Elgar Publishing

Abstract: Change management by reconstruction of the scandalized corporation is an important recipe when a corporation suffers from a crisis. After a corporate white-collar crime scandal, organizations are trying to regain trust among their stakeholders such as customers, vendors, investors, and employees. Crises often drive organizational change, making change management important for stakeholders in such a way that they believe that the organization is going to change. In the valley of a crisis, window dressing in terms of formal compliance programs will not be enough.

Keywords: Business and Management; Economics and Finance; Environment; Law - Academic (search for similar items in EconPapers)
Date: 2020
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