Monday, February 29th, 2016
"The lack of personal reputational damage for CEOs in relation to environmental lawsuits is a major finding and has implications for corporate social responsibility. This raises the question as to whether companies do not really take environmental issues as seriously as the claims made in their corporate rhetoric," she says.

"The increase in board appointments given to CEOs whose companies have been sued for IP issues may suggest that the corporate sector appreciates aggressive, competitive IP strategy, and is willing to reward such behaviour even if it results in legal action."

Dr Liu says little has changed in the legal and policy framework since these 9,959 lawsuits were filed in the US from 2000-2007. "However, more research would be needed to better understand if the reputational issues specific to these types of lawsuits have been impacted in any way by the Global Financial Crisis," she says.

Media Contact:

Dr Chelsea Liu
Lecturer, Business School
The University of Adelaide
Phone: +61 8 8313 0919
Mobile: +61 (0)401 235 440

David Ellis
Media and Communications Officer
The University of Adelaide
Phone: +61 8 8313 5414
Mobile: +61 (0)421 612 762

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reputational penalty CEOs on environment lawsuits


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