Publication Date
1988
Document Type
Dissertation/Thesis
First Advisor
Walker, Albert, 1920-
Degree Name
M.A. (Master of Arts)
Legacy Department
Department of Journalism
LCSH
International Telephone and Telegraph Corporation; Bell & Gossett Corporation; Conglomerate corporations; Consolidation and merger of corporations; Corporations--Public relations
Abstract
International Telephone and Telegraph Corporation (ITT) acquired Bell & Gossett Company in 1963. Bell & Gossett was by far the leading company in the hydronics heating and cooling market (hot water/chilled water systems), with an estimated market share at that time of approximately 65 to 70 percent. Subsequently, ITT received negative media coverage in the 1960s and 1970s for a variety of reasons. Four brand awareness and opinion studies were conducted of Bell & Gossett's primary customers, plumbing and heating contractors, from 1968 through 1971. These studies uncovered a negative attitude towards ITT that was adversely affecting Bell & Gossett's own image with its customers. A follow-up opinion study conducted in 1980 using personal interviews clearly indicated that this negative attitude toward ITT was continuing to grow with a corresponding growth in the negativism displayed towards Bell & Gossett since it was owned by ITT. ITT then launched a public relations program with all of its major publics to offset this negative publicity that began in the late 1970s and continued throughout the 1980s. Follow-up brand awareness and opinion studies were conducted in 1987 with this same Bell & Gossett customer group to determine if the negative attitude towards ITT was still impacting adversely on Bell & Gossett. The 1987 study results contained little or no negative attitude toward ITT and its ownership of Bell & Gossett. This series of studies demonstrated two conclusions: 1. A conglomerate's image can adversely affect the reputation of its acquired companies. An effective public relations program can offset negative publicity and transform a negative attitude into a positive one.
Recommended Citation
O'Neil, Jack W., "Conglomerates : can an acquired company's image be affected adversely by the image of the parent company? : a case study" (1988). Graduate Research Theses & Dissertations. 1914.
https://huskiecommons.lib.niu.edu/allgraduate-thesesdissertations/1914
Extent
v, 130 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
Comments
Bibliography: leaf [99]