Good Reputation: Bad for Business

Good Reputation: Bad for Business

Top of Mind with Julie Rose - Radio Archive, Episode 583 , Segment 5

Episode: Opioid Crisis, Textbook Price, Black Women and the Economy

  • Jun 28, 2017 11:00 pm
  • 15:58 mins

Guest: Michael Pfarrer, PhD, Associate Professor of Management, University of Georgia  Being frequently successful can make it harder and harder to live up to others’ expectations. Hit a couple of home runs in a game or make the most amazing birthday cake your family’s ever seen and people will be disappointed if you don’t outdo that performance the next time around. And watch out if you decide to try something a little outside your expertise, because it's a long fall off the pedestal. Successful companies face the same problem. The most admired companies get judged the most harshly by investors when they take a business risk.

Other Segments

Taking the Opioid Crisis to Court

18m

Guest: Jim Ruble, JD, Associate Professor of Pharmacotherapy, University of Utah  The opioid abuse crisis has taken a new legal turn. For years, we’ve seen prosecutors and the families of overdose victims going after doctors who prescribed the opiate painkillers. Now we’re seeing a number of cities and states trying to pin wrongdoing on the manufacturers and distributors of drugs, including OxyContin and Percocet. The most high-profile is a lawsuit filed recently by the state of Ohio, arguing five drug makers knowingly misled doctors and patients about the risk of opioids. There are also pending lawsuits against pharmacies, including Walgreens and Walmart, for failing to keep a proper eye on just how much of these prescription pain killers were flowing into a community.

Guest: Jim Ruble, JD, Associate Professor of Pharmacotherapy, University of Utah  The opioid abuse crisis has taken a new legal turn. For years, we’ve seen prosecutors and the families of overdose victims going after doctors who prescribed the opiate painkillers. Now we’re seeing a number of cities and states trying to pin wrongdoing on the manufacturers and distributors of drugs, including OxyContin and Percocet. The most high-profile is a lawsuit filed recently by the state of Ohio, arguing five drug makers knowingly misled doctors and patients about the risk of opioids. There are also pending lawsuits against pharmacies, including Walgreens and Walmart, for failing to keep a proper eye on just how much of these prescription pain killers were flowing into a community.