Financial Markets as Prone to Rumors

Rumors can be a means of social control to help some individuals, a group, an organization or an institution to achieve a certain objective.  In this case, a rumor can be an instrument of various groups, business organizations, political parties and other institutions to fight in order to achieve the interests. Thus, rumor has an …

Continue reading Financial Markets as Prone to Rumors

Advertisements

The Social Use of Rumors in Business Firms

The prevalence of rumors in a business firm indicates a corporate communication crisis. Rumors are difficult to trace and almost impossible to stop. It takes a concentrated effort to dispel them. If remain unchecked, rumors can undermine company morale and, eventually, productivity.  And the primary weapon in putting an end to unwarranted rumors in the company …

Continue reading The Social Use of Rumors in Business Firms