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Blaming BP: The dynamics of blame as social defense and in broadening organizational knowledge

Socio-analysis
Volume 13 (2011)

Abstract: The 2010 BP Deepwater Horizon oil spill provides a case study for the relation of large group dynamics to fearful external events. During the period of the accident, the pricing of BP shares plummeted, following a predetermined psychodynamic path of blame. While the sell-off of BP shares followed the prevailing negative media bias, an opposite trend also became discernable, signaling future recovery and investment opportunity.

To cite this article: Miller, Ian. Blaming BP: The dynamics of blame as social defense and in broadening organizational knowledge [online]. Socio-analysis, Vol. 13, 2011: 27-36. Availability: <http://search.informit.com.au/documentSummary;dn=858658509449855;res=IELBUS> ISSN: 1442-4444. [cited 25 May 17].

Personal Author: Miller, Ian; Source: Socio-analysis, Vol. 13, 2011: 27-36 DOI: Document Type: Journal Article ISSN: 1442-4444 Subject: Group psychoanalysis; Financial crises; Stock exchanges; Blame; Peer Reviewed: Yes Affiliation: (1) Principal, Accord Advisory Group, and Faculty Member, Organizational Psychology, International Executive Master's Program of Baruch College, City University of New York

Database: Business Collection