Knowledge at Wharton To Boycott or Not: The Consequences of a Protest
Jun 9, 2010
15:33
The call for a boycott of BP in the wake of its ongoing disastrous oil spill in the Gulf of Mexico is hardly surprising. The boycott which in BP’s case was proposed by consumer group Public Citizen is a tactic that has been used for centuries by consumers as a way to express outrage. While research shows many boycotts come up short in forcing their targets to give in to the demands of protest organizers they can have real impact in terms of lost sales and a damaged reputation. In the case of BP however experts say a boycott is likely to be only a nuisance when compared to the outsized legal liability the company is facing from the Gulf spill.
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