Parker Petroleum's board has given 24 hours to come up with alternatives to trouble on several fronts to a special task force. For investing $4 billion in a new petroleum refinery in Jumandia plans are at risk after local residents rioted, alleging environmental damage. Political pressure is also heating up after Jumandia's opposition nominee claimed Parker's CEO was complicit in a $5 million bribe paid to the nation's current regime.
Parker Petroleum in Crisis Case Study Solution
At the corresponding time, an activist hedge fund has purchased 15% of the stock of Parker and is pressuring the company to depart its Jumandian investments. In this event pupils take on the special task force's challenge to make recommendations on how the board should cope with the catastrophes.
PUBLICATION DATE: July 13, 2010 PRODUCT #: CU07-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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