Subject category:
Marketing
Published by:
IBS Center for Management Research
Length: 13 pages
Data source: Published sources
Topics:
Social media; Reputation management; Response strategies; Board of directors; Management control; Social media risks; Corporate communications; Public relations; Top management misbehavior; Social media boycott; Impact of political issues; Minority groups; Twitter storm; Cancel culture; Communications strategy
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https://casecent.re/p/190080
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Abstract
The case 'The #BoycottGoya Trend: Does Social Media Cancel Culture Have an Impact on Business?' discusses the possible impact that a negative social media campaign can have on a company's prospects. The case starts with a brief look at the history of Goya Foods, Inc (Goya), which was touted to be the largest Hispanic-owned food company in the US. It then delves into the reasons surrounding the trending of #BoycottGoya and #Goyaway on Twitter. The campaigns began after Goya's CEO Robert Unanue (Unanue) praised Donald Trump (Trump), the then US President - who was alleged to be anti-Latino, by certain sections of the US population. The case then documents the basis for the opposing social media campaign that was started by supporters of Trump for Goya with the hashtag #BuyGoya, wherein people were encouraged to buy Goya products. The case presents the points of view of people on both sides of the divide and mentions how the #BoycottGoya campaign blew up into a political tug of war between the two prominent political parties in the US. It also discusses the responsibilities of top management and the response strategies to be undertaken by the Board of Directors (BOD) in handling social media crises. Can the political opinions of a CEO ultimately have an impact on a company's prospects?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 1920-2022.Geographical setting
Region:
Americas
Country:
United States
Featured company
Goya Foods, Inc
Employees:
1001-5000
Turnover:
USD 2 billion
Type:
Self-owned
Industry:
Food & beverage
Other keywords:
Goya; Hispanic; Hashtag; Freedom of expression; Democratic; Republic; Trump; #BuyGoya; #BoycottGoya; #Goyaway
Featured protagonist
- Robert Unanue (male), CEO
About
Abstract
The case 'The #BoycottGoya Trend: Does Social Media Cancel Culture Have an Impact on Business?' discusses the possible impact that a negative social media campaign can have on a company's prospects. The case starts with a brief look at the history of Goya Foods, Inc (Goya), which was touted to be the largest Hispanic-owned food company in the US. It then delves into the reasons surrounding the trending of #BoycottGoya and #Goyaway on Twitter. The campaigns began after Goya's CEO Robert Unanue (Unanue) praised Donald Trump (Trump), the then US President - who was alleged to be anti-Latino, by certain sections of the US population. The case then documents the basis for the opposing social media campaign that was started by supporters of Trump for Goya with the hashtag #BuyGoya, wherein people were encouraged to buy Goya products. The case presents the points of view of people on both sides of the divide and mentions how the #BoycottGoya campaign blew up into a political tug of war between the two prominent political parties in the US. It also discusses the responsibilities of top management and the response strategies to be undertaken by the Board of Directors (BOD) in handling social media crises. Can the political opinions of a CEO ultimately have an impact on a company's prospects?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 1920-2022.Geographical setting
Region:
Americas
Country:
United States
Featured company
Goya Foods, Inc
Employees:
1001-5000
Turnover:
USD 2 billion
Type:
Self-owned
Industry:
Food & beverage
Other keywords:
Goya; Hispanic; Hashtag; Freedom of expression; Democratic; Republic; Trump; #BuyGoya; #BoycottGoya; #Goyaway
Featured protagonist
- Robert Unanue (male), CEO