StudentShare solutions
Triangle menu

Case study - Essay Example

Nobody downloaded yet
This event is investigated in light of the company’s behavior post the oil spill and their consequent reaction in front of the press and as expressed in their annual reports. More specifically, this paper looks at how BP’s reaction post the disastrous oil spill ties in with the theories about company behavior.
There is extensive secondary research that discusses company behavior and explains how and why a company might behave in certain specific situations. According to the legitimacy theory, an organization only acts according to the behavior that is deemed correct and wanted by society it operates in and as deemed fit by other potentially influential parties; the actions performed by the company should thus be ‘socially acceptable’ otherwise the company will have trouble operating in a society that thinks of it as ‘unethical’, ‘immoral’ or ‘unable to comply with social norms or requirements’ and will be fast rolling downhill on its way to failure. (O’Donovan, 2002, p.344). Results of some empirical researches confirm the legitimacy theory (Branco and Rodrigues, 2006, p.232; Deegan et al., 2002, p.312) while on the other hand, some scholars and their studies outright reject the concept put forward by the legitimacy theory (Guthrie and Parker, 1989, p.343).
According to research, the stakeholder theory explains how a company may be portrayed with regards to the internal relations between different units and individuals that comprise it and that this may manipulate the firm’s performance. According to this theory, the company’s stakeholders include not only shareholders, but also other groups such as employees, suppliers, society, etc that have an inherent stake in how the company performs. (Freeman et al., 2010, p.28; Jones, 1995, p.407). critics of the stakeholder theory say that the nature of the relationships between the management and investors are always different from the nature of the associations ...Show more


Through the course of this paper, these theories are illustrated, compared and contrasted and critically reviewed. Some theories…
Author : vidal13
Case study
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Case study"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Case Study
All the information about the three potential candidates for Managerial position has been summarized in the given table. The information in the table shows that Carmen is a lady with
6 pages (1500 words) Essay
Case study
However, the experiments done on unsuspecting human subjects by Doctor Neisser called into question the morality and ethics of experimentation on human subjects. It was Doctor Rudolf Virchow, a Berlin
2 pages (500 words) Essay
Case study
10). Culture is diverse; hence whatever is valued by one community may not be so to the other. In health institution, Elaine (2004, p. 250), observes that patients from the same ethnic background are
2 pages (500 words) Essay
Case study
In this context, a case is defined as “the singlemost defining characteristic of case study research” (Merriam, 1998, p.27). The marketing research proposed in this paper, is based on the
4 pages (1000 words) Essay
Case study
percent, but a politically inexperienced governor feels that it is necessary to eliminate these programs thought it is necessary to eliminate the programs. Being the prisons director, I decided to give my response to the inexperienced governor that explains why the policies
3 pages (750 words) Essay
Case study
Today, the meaning of propaganda is used comprehensively to connote public relations. The government uses mass relations to disseminate accurate information on policies and their adversaries. The two frequent features that presented propaganda’s new possibilities were mass
1 pages (250 words) Essay
Case study
The amount of organizational takeovers and company mergers has been considered a standard of measure of the level of economic development. In most cases, company takeovers have been associated with incidents
4 pages (1000 words) Essay
Case Study
sively become more complicated, labor shortages will become evident in most of the mature industries and companies especially in the developed countries. At the same time, a more than needed number of employees with skilled talent are likely to be seen in other areas and
2 pages (500 words) Essay
Case study
With the decline in sugar and cocoa production, many people became unemployed. Urbanization in the country, as indicated in the case study gave people hope for better non-agricultural jobs. Many left
2 pages (500 words) Essay
Case study
A company should embrace technology in handling production process. Bella India has skilled personnel as evidenced in the way management tackles technical issues such as reduction in transitional time between St Louis and
1 pages (250 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Case study for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us