Crisis management—dealing with asymmetric information problems
Identifieur interne : 000D35 ( Pmc/Checkpoint ); précédent : 000D34; suivant : 000D36Crisis management—dealing with asymmetric information problems
Auteurs : Beng Soon Chong ; Chay Hoon LeeSource :
- Thunderbird International Business Review [ 1096-4762 ] ; 2009.
Abstract
A key component of crisis management involves the management of asymmetric information problems. Drawing on the experience of the recent severe acute respiratory syndrome (SARS) epidemic, this article examines the nature of the asymmetric information problems that typically prevail during a crisis, the costs associated with it, and the various mechanisms to address the problems. We find that the asymmetric information problems in the event of a crisis can be severe and potentially costly if the problems are not adequately resolved. © 2009 Wiley Periodicals, Inc.
Url:
DOI: 10.1002/tie.20262
PubMed: NONE
PubMed Central: 7169665
Affiliations:
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<front><journal-meta><journal-id journal-id-type="doi">10.1002/(ISSN)1520-6874</journal-id><journal-id journal-id-type="publisher-id">TIE</journal-id><journal-title-group><journal-title>Thunderbird International Business Review</journal-title></journal-title-group><issn pub-type="ppub">1096-4762</issn><issn pub-type="epub">1520-6874</issn><publisher><publisher-name>Wiley Subscription Services, Inc., A Wiley Company</publisher-name><publisher-loc>Hoboken</publisher-loc></publisher></journal-meta><article-meta><article-id pub-id-type="pmc">7169665</article-id><article-id pub-id-type="doi">10.1002/tie.20262</article-id><article-id pub-id-type="publisher-id">TIE20262</article-id><article-categories><subj-group subj-group-type="overline"><subject>Research Article</subject></subj-group><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title>Crisis management—dealing with asymmetric information problems</article-title><alt-title alt-title-type="right-running-head">Crisis Management—Dealing With Asymmetric Information Problems</alt-title></title-group><contrib-group><contrib id="au1" contrib-type="author" corresp="yes"><name><surname>Chong</surname><given-names>Beng Soon</given-names></name><xref ref-type="aff" rid="af1"><sup>1</sup></xref><address><email>abschong@ntu.edu.sg</email></address></contrib><contrib id="au2" contrib-type="author"><name><surname>Lee</surname><given-names>Chay Hoon</given-names></name><xref ref-type="aff" rid="af2"><sup>2</sup></xref></contrib></contrib-group><aff id="af1"><label><sup>1</sup></label>Associate professor of banking and finance, Nanyang Technological University, Singapore</aff><aff id="af2"><label><sup>2</sup></label>General manager, organization development, Keppel Offshore and Marine</aff><author-notes><corresp id="correspondenceTo"><label>*</label>Nanyang Business School, Nanyang Technological University, Nanyang Avenue, Singapore 639798 Singapore, 65</corresp></author-notes><pub-date pub-type="epub"><day>16</day><month>4</month><year>2009</year></pub-date><pub-date pub-type="ppub"><season>May-Jun</season><year>2009</year></pub-date><volume>51</volume><issue>3</issue><issue-id pub-id-type="doi">10.1002/tie.v51:3</issue-id><fpage>239</fpage><lpage>248</lpage><permissions><copyright-statement content-type="article-copyright">© 2009 Wiley Periodicals, Inc.</copyright-statement><license><license-p>This article is being made freely available through PubMed Central as part of the COVID-19 public health emergency response. It can be used for unrestricted research re-use and analysis in any form or by any means with acknowledgement of the original source, for the duration of the public health emergency.</license-p></license></permissions><self-uri content-type="pdf" xlink:href="file:TIE-51-239.pdf"></self-uri><abstract><title>Abstract</title><p>A key component of crisis management involves the management of asymmetric information problems. Drawing on the experience of the recent severe acute respiratory syndrome (SARS) epidemic, this article examines the nature of the asymmetric information problems that typically prevail during a crisis, the costs associated with it, and the various mechanisms to address the problems. We find that the asymmetric information problems in the event of a crisis can be severe and potentially costly if the problems are not adequately resolved. © 2009 Wiley Periodicals, Inc.</p></abstract><counts><fig-count count="0"></fig-count><table-count count="1"></table-count><ref-count count="0"></ref-count><page-count count="10"></page-count><word-count count="6947"></word-count></counts><custom-meta-group><custom-meta><meta-name>source-schema-version-number</meta-name><meta-value>2.0</meta-value></custom-meta><custom-meta><meta-name>cover-date</meta-name><meta-value>May/June 2009</meta-value></custom-meta><custom-meta><meta-name>details-of-publishers-convertor</meta-name><meta-value>Converter:WILEY_ML3GV2_TO_JATSPMC version:5.8.0 mode:remove_FC converted:15.04.2020</meta-value></custom-meta></custom-meta-group></article-meta></front></pmc><affiliations><list></list><tree><noCountry><name sortKey="Chong, Beng Soon" sort="Chong, Beng Soon" uniqKey="Chong B" first="Beng Soon" last="Chong">Beng Soon Chong</name><name sortKey="Lee, Chay Hoon" sort="Lee, Chay Hoon" uniqKey="Lee C" first="Chay Hoon" last="Lee">Chay Hoon Lee</name></noCountry></tree></affiliations></record>Pour manipuler ce document sous Unix (Dilib)
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