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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 3 / 2016 (608), Autumn

Communication and PR in crisis situations

Claudia Elena PAICU
Bucharest University of Economic Studies, Romania
Laurențiu Gabriel FRÂNCU
Bucharest University of Economic Studies, Romania

Abstract. Nowadays, more than ever, society is a genuine environment for conducting organizational identity and image. Organizational identity proves to be a central element of the activities and organizational strategies. However, organizations can not hide behind images and brands of its own portfolio. If the organization would be wrong, surely this will be felt strongly at the image and at the organizational identity and also at the level of publics, including here consumers, suppliers, shareholders, employees and the community generally. Therefore, it is important to understand that, in times of crisis, communications and PR programs must be thought and targeted both externally, by organizational branding, and internal, through a program of vision. But these are two directions intertwining, so that organizational branding will be felt internal, inspired by the internal values and the organizational culture, and the vision will be the one who is going to transmit the corporate identity to external publics. This article aims to analyze, from this perspective, one of the latest image crisis, in the auto market, the one of the German producer Volkswagen.

Keywords: communication, public relations, organizational branding, image crisis, competitiveness.

Contents

1

RASDAQ: The final curtain

Cornelia POP · Cristina BALINT · Maria-Andrada GEORGESCU · Ioan Alin NISTOR

2

The relationship between public expenditure and economic growth in Romania: Does it obey Wagner’s or Keynes’s Law?

Lingxiao WANG · Adelina DUMITRESCU PECULEA · Handuo XU

3

Cracks in BRICs: A sectoral financial balances analysis and implications for macroeconomic policy

Sashi SIVRAMKRISHNA

4

An empirical study of factors influencing total unemployment rate in comparison to youth unemployment rate in selected EU member-states

Filip KOKOTOVIĆ

5

Is real depreciation expansionary? The case of the Czech Republic

Yu HSING

6

Determinants of sovereign bond yields in emerging economies: Some panel inferences

Sri Hari NAIDU. A · Phanindra GOYARI · Bandi KAMAIAH

7

Investment funds and portfolio of loan guarantees as financial steps proposals to support innovative Small and Medium Enterprises

Mădălina Gabriela ANGHEL · Constantin ANGHELACHE · Daniel DUMITRESCU

8

Dynamic relationship among foreign direct investments, human capital, economic freedom and economic growth: Evidence from panel cointegration and panel causality analysis

Oktay KIZILKAYA · Ahmet AY · Gökhan AKAR

9

Integrating the issue of infrastructural investment with economic growth: The case of India

Mukul GUPTA · Rahul BUDHADEV · Varun CHOTIA · N V Muralidhar RAO

10

Globalization of the corruption phenomenon – human capital gone wild

Dumitru-Alexandru BODISLAV · Ciprian ROTARU · Raluca GEORGESCU

11

Productivity spillovers from FDI in Turkey: Evidence from quantile regressions

Muhammed BENLI

12

Predicting probability of default of Indian companies: A market based approach

Bhanu Pratap SINGH · Alok Kumar MISHRA

13

Which country after Greece? Sustainability of budget deficits in selected EU countries: A panel cointegration analysis with multiple structural breaks under cross-section dependence

Ismet GOCER · Mehmet MERCAN

14

Statistical-econometric model used to analyze the operational and insolvency risks

Constantin ANGHELACHE · Alexandru MANOLE · Mădălina Gabriela ANGHEL · Diana Valentina SOARE

15

Short and long term analysis of some factors effecting youth unemployment in Turkey

Rıza BAYRAK · Halim TATLI

16

Determining the causal relationships among entrepreneurship, educational attainment and per capita GDP in high-income OECD countries

Feyza BALAN · Seda OZEKICIOGLU · Cuneyt KILIC

17

Assessment of the bankruptcy risk based on the solvency ratio

Daniel BRÎNDESCU-OLARIU

18

Using simulation and modeling to improve career management processes in organizations

Nicoleta Valentina FLOREA

19

Commodity market integration and price transmission: Empirical evidence from India

Pratap Kumar JENA

20

Testing the relationship between military spending and private investments: Evidence from Turkey

Gülbahar ÜÇLER

21

Growth-finance nexus: Empirical evidence from India

Tanzeem HASNAT · Shahid ASHRAF · Umer J. BANDAY

22

The importance and role of small and medium-sized businesses

Cibela NEAGU

23

Skill biased technological changes: Case of the MENA Region

Sirine MNIF

24

Net earnings trends in the EU countries

Mădălina Ecaterina POPESCU · Amalia CRISTESCU · Larisa STĂNILĂ

25

Communication and PR in crisis situations

Claudia Elena PAICU · Laurențiu Gabriel FRÂNCU