Analyzing Johnson & Johnson's bankruptcy claim : good strategy or bad ethics? /

Pharma giant Johnson & Johnson announced plans in November 2021 to split its pharmaceutical and medical devices divisions and its consumer products division into two publicly traded companies. The month prior, Johnson & Johnson also created a spin-off company which immediately filed for bank...

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Bibliographic Details
Main Author: Hobbs, Allegra (Author)
Format: eBook
Language:English
Published: London : SAGE Publications: SAGE Business Cases Originals, 2022.
Series:SAGE business cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Pharma giant Johnson & Johnson announced plans in November 2021 to split its pharmaceutical and medical devices divisions and its consumer products division into two publicly traded companies. The month prior, Johnson & Johnson also created a spin-off company which immediately filed for bankruptcy, a savvy but ethically dubious way of sidestepping the growing number of lawsuits against the company over its role in the opioid crisis and the alleged cancer-causing agents contained in its baby powder. This case covers J&J's latest strategic maneuvers and asks students to discuss them through the lens of strategic management and ethics.
Physical Description:1 online resource : illustrations.
ISBN:9781529600483
1529600480