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After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
Company comes up with a new name and branding.The artist formerly known as Facebook is just the latest in a grand tradition of companies that changed their name following a public.
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Ethics violations, safety issues, security issues, a lack of sustainability, poor quality, and lack of or unethical innovation can all cause reputational damage if they become known. [ 2 ] Reputational damage can result from an adverse or potentially criminal event, regardless of whether the company is directly responsible for said event (as ...
Goldman Sachs Tower at 30 Hudson Street in Jersey City.. Goldman Sachs, an investment bank, has been the subject of controversies.The company has been criticized for lack of ethical standards, [1] [2] working with dictatorial regimes, [3] close relationships with the U.S. federal government via a "revolving door" of former employees, [4] and driving up prices of commodities through futures ...
The Reputation Institute recently ranked companies according to the public's perception in seven key areas -- and one classic watch brand tops the list.
Covalence EthicalQuote also called EthicalQuote or simply CEQ is a market index tracking reputation of the world's largest companies on Environmental, Social, Governance (ESG), Corporate dimensions of firms’ ethical performance. [1]
During the early 2000s, when EA was in a period of fast growth, the company developed a reputation of acquiring development studios, primarily for their intellectual property (IP) assets rather than the studios' talent, and then subsequently forcing changes on the studios' work product that impacted the quality or scope of the game, and/or determining the studios were no longer necessary due ...