Showing 21 - 30 of 37,197
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
Using a machine learning approach to process 11 million tweets posted by S&P 1500 firms from 2011 through 2016, we find that poor corporate social responsibility (CSR) performance firms tweet more about CSR activities and use tweets that are shorter, and with more passive voice and extreme tone....
Persistent link: https://www.econbiz.de/10012860878
Good reputation is an important intangible asset for any company, but it can be vital for financial institutions. Today …, given that the demands on the business environment in terms of social responsibility have greatly increased, the reputation …
Persistent link: https://www.econbiz.de/10012656267
We examine the relationship between collective country reputations and foreign stock returns following news of corporate scandals. We find that investors punish not only the scandalous foreign firm but also other firms from the same country of origin, especially those coming from more...
Persistent link: https://www.econbiz.de/10013220304
This paper investigates how reputational risk arising from traditional and online media coverage of Corporate Social Irresponsibility (CSI) conducts affects the cost of borrowing. It reports that negative media attention has a significant and positive effect on bank loan costs. The result is...
Persistent link: https://www.econbiz.de/10013242489
This paper investigates how reputational risk arising from traditional and online media coverage of Corporate Social Irresponsibility (CSI) conducts affects the cost of borrowing. It reports that negative media attention has a significant and positive effect on bank loan costs. The result is...
Persistent link: https://www.econbiz.de/10013211843
We develop a simple theoretical model showing that, by adding to the adjustment costs associated with permanent contracts, local social pressure against dismissals creates an incentive for CEOs to rely on fixed-term contracts, in an attempt to escape social pressure. Using linked...
Persistent link: https://www.econbiz.de/10012415958
This study examine the impact of Firm reputation and CEO Characteristics toward firm performance after corporate action … acquisition and merger. This study also examines how CEO characteristics mediates firm reputation to maximize firm performance … reputation and firm performance. We also find that a capable and experienced CEO able to mediates firm reputation as resources …
Persistent link: https://www.econbiz.de/10012503270
After decades of de-prioritizing shareholders' economic interests and low corporate profitability, Japan introduced the JPX-Nikkei400 in 2014. The index highlighted the country's “best-run" companies by annually selecting the 400 most profitable of its large and liquid firms. We find that...
Persistent link: https://www.econbiz.de/10011901730
Corporate reputation is an important management objective, bearing the potential to create sustainable competitive …. Applying a validated measure of reputation, we scrutinize its impact for a set of German blue-chip companies between 2005 and … 2011. We show that higher levels of reputation are associated with a lower future cost of equity. While reputation …
Persistent link: https://www.econbiz.de/10012257467