Contemporaneous relationship between corporate reputation and return

Krueger, Thomas M.; Wrolstad, Mark; Dalsem, Shane Van

doi:10.1108/03074351011042964

Cited by 16 publications

(9 citation statements)

References 3 publications

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“…As stated by Krueger et al (2010), riskiness is inversely correlated with firm reputation. As stated by Krueger et al (2010), riskiness is inversely correlated with firm reputation.…”

Section: Multivariate Analysismentioning

confidence: 94%

“…A negative relationship between bank riskiness and reputation scores was found: the BETA coefficient and TotDebt_TotCap (proxy of bank leverage) are indeed negative and statistically significant. As stated by Krueger et al (2010), riskiness is inversely correlated with firm reputation. As a firm's reputation improves, stock price volatility is reduced and the company achieves more stable economic capital.…”

Section: Multivariate Analysismentioning

confidence: 94%

“…At the same time, scholars have highlighted that corporate reputations improve economic performance and reduce riskiness profiles of companies as perceived by the market (Krueger et al, 2010). However, while there is much evidence relating to non-financial companies (Melo & Garrido-Morgado, 2012), investigations addressing the banking sector have been less developed (Tran, 2014).…”

Section: Literature Review and Hypothesis Development Bank Reputationmentioning

confidence: 99%

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Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis

Dell’Atti

Trotta

Iannuzzi

et al. 2017

Corp Soc Responsibility Env

109

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The relationships between sustainable behavior, firm reputation, and economic performance are significant issues that continue to become more important. Corporate reputation has important implications for economic performance while corporate social responsibility engagement is considered a key determinant of reputation. The aim of this study is to empirically test such relationships regarding the banking sector and for the sub-prime crisis period (2008)(2009)(2010)(2011)(2012). We apply our hypothesis to 75 large international banks using Reputation Institute and ASSET4 data and adopting a multiple econometric approach. Our initial results are encouraging and consistent with the existing literature: bank reputation is positively related to accounting performance and is negatively related to leverage and riskiness profiles. However, while a positive relationship between reputation and social performance exists, relationships between reputation, corporate governance, and environmental performance are always negative. We discuss these results by identifying related causes and by presenting avenues for future research.

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“…As stated by Krueger et al (2010), riskiness is inversely correlated with firm reputation. As stated by Krueger et al (2010), riskiness is inversely correlated with firm reputation.…”

Section: Multivariate Analysismentioning

confidence: 94%

Section: Multivariate Analysismentioning

confidence: 94%

Section: Literature Review and Hypothesis Development Bank Reputationmentioning

confidence: 99%

See 1 more Smart Citation

Corporate Social Responsibility Engagement as a Determinant of Bank Reputation: An Empirical Analysis

Dell’Atti

Trotta

Iannuzzi

et al. 2017

Corp Soc Responsibility Env

109

View full text Add to dashboard Cite

show abstract

“…Further, a growing interest among researchers can be observed to explore the relationship of corporate reputation with other variables important for firms such as trust (Majd & Balakrishnan, 2016;Mui, Mohtashemi, & Halberstadt, 2002), customer purchase intensions (Keh & Xie, 2009) and financial performance (Krueger & Wrolstad, 2016;Krueger, Wrolstad, & Van Dalsem, 2010;Roberts & Dowling, 2002;Rose & Thomsen, 2004).…”

Section: An Overview Of Corporate Reputation and Related Researchmentioning

confidence: 99%

“…Further, these studies also produced contradictory findings due to theoretical and methodological problems (Sabate & Puente, 2003). However, the positive relationship between corporate reputation and financial performance is supported by many researchers such as Eberl & Schwaiger, 2005;Krueger et al, 2010;Preston & Bannon, 1997;Roberts & Dowling, 2002;Rose & Thomsen, 2004.…”

Section: An Overview Of Corporate Reputation and Related Researchmentioning

confidence: 99%

Corporate Reputation and Subsequent Financial Performance: A Theoretical Explanation of the Mediating Role of Trust

Gunawardena¹,

Senathiraja²,

Buvanendra³

2019

IJBM

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Amidst empirical evidence that claim corporate reputation affects subsequent financial performance of firms, the literature does not provide a comprehensive explanation for this relationship. The aim of this article therefore is to provide a theoretical explanation on how corporate reputation affects the subsequent financial performance. The available literature supports that corporate reputation signals trustworthiness of firms, based on which stakeholders make decisions such as to trust a firm and allocate valuable, scarce resources. The resources so allocated would help a firm to achieve its objectives, including targeted financial performance in subsequent years. In order to explain the role of trust in the relationship between corporate reputation and subsequent financial performance, the researchers combine two extensively referred models from the reputation and trust literature, the model of reputation-financial performance dynamics and the proposed model of organizational trust. The signaling theory and the stakeholder theory provide the theoretical explanation for the new model proposed.

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