Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: PG&E’s stock has lost more than half its value this week as shareholders flee the utility amid concerns that its equipment may be partly responsible for the most destructive wildfire in California’s history.

Source: CNBC.com

Date: Nov 13, 2018

Link: https://www.cnbc.com/2018/11/15/pge-has-lost-half-its-value-as-shareholders-fear-its-role-in-ca-fire.html

Questions for discussion:

  • Why has the company stock value fallen?
  • What does this scenario suggest to investors and rate payers?
  • How can management mitigate the damage done to the company reputation?

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