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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
theoretical valuation system on ESG reputation, i.e., the reputation or the gain in confidence produced by possession of a … positive reputation compared to the lack of one when the ESG criteria are integrated into the business analysis. In particular …, which measures the economic impact of the good or bad reputation due to ESG investments. One of the approach's main features …
Persistent link: https://www.econbiz.de/10014351264
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
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
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 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