Contact: Phil Ciciora
University of Illinois at Urbana-Champaign
Caption: While businesses have typically viewed the news media as a megaphone for publicity, they have not viewed it as an influential stakeholder capable of shaping the strategic decisions of key executives, says Michael K. Bednar, University of Illinois, a professor of business administration.
Credit: L. Brian Stauffer
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Related news release: Research: Bad news can spur strategic change in businesses