Showing 1 - 10 of 23
decision makers who are motivated by reputation concerns tend to ‘anti-herding’, i.e., they excessively contradict public …
Persistent link: https://www.econbiz.de/10010928812
We show that allocation of ownership matters even in a long-term relationship where problems of opportunism are less severe unless agents are very patient. Ownership structure is chosen to give the agents best incentives to cooperate. The optimal control structure of the static game restricts...
Persistent link: https://www.econbiz.de/10010928815
Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk …. In a holistic, enterprise focused era reputation is a key strategic construct that can act as a boundary object linking … communities within and between organizations. Yet approaches to its management tend to be reactive and remain under the hold of …
Persistent link: https://www.econbiz.de/10010744830
order to preserve its reputation of being a good monitor, may actually distort its lending decisions towards greater laxity … between a country and the IMF. The longer this relationship, the stronger the IMF reputation will be affected in case it …
Persistent link: https://www.econbiz.de/10010745315
This paper examines to what extent reputational concerns give rating agencies incentives to reveal information. It demonstrates that, in a simple model in which a rating agency has public and private information about a project, it may ignore private information and even contradict public...
Persistent link: https://www.econbiz.de/10010745887
We consider the impact of history on the survival of a monopolist selling single units in discrete time periods, whose quality is learned slowly. If the seller learns her own quality at the same rate as customers, a sufficiently bad run of luck could induce her to stop selling. When she knows...
Persistent link: https://www.econbiz.de/10010746467
corrosive may present an occasion for creative management. We suggest that proactive reputation risk policies and practices are …In this paper we introduce concepts that build a theoretical notion of reputation risk and establish the need to extend … our approach to managing such risk.. The existing literature on reputation risk has tended to be reactive and focus on …
Persistent link: https://www.econbiz.de/10010746546
find that when agents are concerned about their reputation, consultation results in sub-optimal sharing of information …
Persistent link: https://www.econbiz.de/10010746684
The paper develops a model of trade union behaviour based on the concept of the viable bargaining unit. Bargaining unit viability rests on five conditions; membership level, service level, membership participation, employer recognition and facilities. Viability is achieved by mobilisation of...
Persistent link: https://www.econbiz.de/10010745824
Contemporary political, economic and social conditions heighten the demand placed upon organizations to create strategy … together an analysis of the subjective time-risk relationships influencing strategy formation during this period. We being by …
Persistent link: https://www.econbiz.de/10010746470