Corporate wrongdoing and board leadership structure: An analysis of the WestJet spying scandal

Shamsud D. Chowdhury, Jerry Paul Sheppard

Résultat de recherche: Articleexamen par les pairs

Résumé

This study focuses on corporate espionage undertaken by WestJet Airlines, Canada's second largest air carrier. Employing a case study, we examine how board leadership-endorsed internet snooping affected WestJet's board structure and performance. We also paired the case study with an event study methodology to enhance the case narrative and illustrate market responses to continuing revelations of WestJet's espionage over time. We find that investors initially discounted WestJet's value then over time reacted more to market changes and positive scandal-related outcomes. WestJet withstood the adverse effects of wrongdoing and regained investor confidence and profitability via substantive and symbolic changes to their board leadership structure. The study's theoretical and practical implications are also given.

Langue d'origineEnglish
JournalCanadian Journal of Administrative Sciences
DOI
Statut de publicationAccepted/In press - 2022

Note bibliographique

Publisher Copyright:
© 2022 ASAC.

ASJC Scopus Subject Areas

  • Business and International Management
  • Public Administration
  • Marketing
  • Management of Technology and Innovation

Empreinte numérique

Plonger dans les sujets de recherche 'Corporate wrongdoing and board leadership structure: An analysis of the WestJet spying scandal'. Ensemble, ils forment une empreinte numérique unique.

Citer