- Natural disasters-(pandemics, wildfires, floods, Tsunamis, Earthquakes, Hurricanes). They can damage company property, cause death by millions of customers, impact transportation, and infrastructure
2. Government legislation and court rulings- Antitrust laws, Net neutrality and etc
3. Political elections
4. Social unrest/ riots/ protests
5. War/ global conflicts/ terrorist attacks
6. Celebrity endorsements or condemnations
7. Shortages of materials
8. Bankruptcy
9. Class Action Lawsuits
10.Changing of corporate governance policies and executive members, or fund managers
11.Breach of cybersecurity
12. Company’s moral, racial, and social position on public issues
13. Tax laws
14. Unionization and labor relations
15. Industry changing technological innovations
16. Corporate Scandals
