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We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011504350
We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011506852
' press releases and identify 1,765 reputation-building actions taken by: (1) 94 restating firms in the periods before and … incentives to target multiple stakeholders in a reputation repair strategy — including capital providers, customers, employees …, and geographic communities — and that actions targeting each group generate positive market returns as reputation capital …
Persistent link: https://www.econbiz.de/10011523644
quite low, given that nearly each firm has reputation to protect. But why has the vast majority of firms no registered …
Persistent link: https://www.econbiz.de/10010458246
We study a model of collective reputation and use it to analyze the benefit of collective brands. Consumers form … the baseline reputation of the collective is low, or if the main concern is with the acquisition of specialized knowledge … and the baseline reputation of the collective is high. We also contrast the socially optimal information structure with …
Persistent link: https://www.econbiz.de/10012965912
How consequential is social reputation for a CEO's career? We find that the CEOs of those firms with greater strengths … reputation in the director labor market. Our results also suggest that social reputation plays an important role in promoting CSR …
Persistent link: https://www.econbiz.de/10012837545
This paper examines the association between board characteristics and the ethical reputation of financial institutions … postulate a positive relationship between ethical reputation and board features that foster more effective monitoring and … regressions of ethical reputation on board characteristics and firm-specific controls. Our results demonstrate that the ethical …
Persistent link: https://www.econbiz.de/10012856517
We study the role of competition in customers' reactions to litigation against firms, using anonymized mobile phone location data. A class action lawsuit filing results in a 4% average reduction in customer visits to target firms' outlets in the following months. The effect strongly depends on...
Persistent link: https://www.econbiz.de/10013251785
This study aims to investigate whether CEOs use the media as a strategic tool to manage and enhance reputation. This is … future events that influence their reputation. The tendency of CEOs to give press interviews is examined as a function of a … strategic tool to manage and enhance reputation.The author shows that interviews tend to follow positive firm performance, and …
Persistent link: https://www.econbiz.de/10012863770
This study examines the effects of CEO global reputation on cross-border M&A performances. Based on the CEO's Twitter … accounts, we hand-collect the information about the CEO’s followers to measure their global reputation. We find that CEOs with …
Persistent link: https://www.econbiz.de/10013295404