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Crisis Mentality

While CFOs and other C-suite executives recognize that they must take a bigger role in crisis management early, they aren't always prepared, according to Thomson Financial.

By Staff Writer | Updated on March 25, 2008

While most CFOs and other C-suite executives know the importance of working with investor relations professionals early and frequently during crisis periods, such as the mortgage meltdown, only half the executives and IR professionals recently surveyed by Thomson Financial said they make a point of meeting with investors following bad news such as the Carlyle Capital and Bear Stearns disasters to bolster investors’ confidence in their companies before rumor and speculation overtake facts.

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