Assessing the Financial Impacts of the World Trade Center Attacks On Publicly-Held Corporations

* Background
* Company Selection Process
* Stock Data Collection Process
* Display Products
(Charts and Diagrams)
* Preliminary Conclusions
* Upcoming Project Tasks
* 19 terrorists hijacked 4 aircraft for suicide attacks
* Almost 3000 people killed
* In Manhattan: – 34.5 million ft2 office space lost
– $50-70 billion in insured losses

Most of these direct economic losses were incurred by the private sector

The WTC burning…
The twin towers collapsed…
Terrorist Groups are Targeting U.S.
And World Economy
“The settlement of this overburdened account will indeed be heavy. We will also aim to continue, by permission of Allah, the destruction of the American economy.”
Ayman Al-Zawahiri, head of Al-Qaeda operational planning

Long-Term, Overall Research Questions

* How did the 911 attacks affect long-term economic and financial performance of corporations directly or indirectly impacted?
* What unanticipated inter-org. adaptive responses involving large publicly held corp’s emerged during the recovery from the 9/11 attacks?
* How have mgmnt. perceptions changed toward the req’s for investment in disaster recovery, security, and crisis mgmnt. as a result of these attacks?
* How has the terrorist threat changed the perceived crisis mgmt, security, and disaster recovery best practices for large publicly held corporations?
* What skills and knowledge are required for corporate crisis managers?
* Can corporate preparedness for extreme events be evaluated based on internal and inter-organizational factors?


Assessing the Financial Impacts of the World Trade Center Attacks On Publicly-Held Corporations.ppt

Category : Management
Website : www.gwu.edu
Language : English
Size : 2.01 Mb
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