Fiordelisi, Franco; Soana, Maria-Gaia; Schwizer, Paola - In: The European Journal of Finance 20 (2014) 2, pp. 105-124
Reputation is a key asset for any company whose affairs, like those of banks, are based on trust. Despite its importance, the number of studies dealing with reputational risk in the financial industry is still limited. We estimate the reputational impact of announced operational losses for a...