How wouldn’t an investor benefit when their company removes a dangerous product off store shelves?
Posted by admin in Finance Friday, 25 November 2011 04:23 2 Comments
Would they just lose money and that’s it?
Posted by admin in Finance Friday, 25 November 2011 04:23 2 Comments
Would they just lose money and that’s it?
yes
They want to balance the cost of a recall with the cost of out-of-court settlements. If recalling the product is cheaper and protects the company’s reputation more, then that’s what happens.