Study: Companies like Volkswagen often apologize, silence stakeholders, forget the scandal

Friday, September 25, 2015 - 16:00 in Mathematics & Economics

Researchers have found that large corporations often try to get over their corporate irresponsibility by first asking for forgiveness and then silencing their stakeholders. They also remove traces that may act as a reminder of the scandal. If Volkswagen does what many other corporations have previously done in similar cases, it may not learn to avoid its mistakes - and it may repeat the same mistake later on.

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