2014
DOI: 10.1016/j.jbusres.2013.08.007
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Linking corporate reputation and shareholder value using the publication of reputation rankings

Abstract: Good corporate reputation is seen as one of the most valuable assets. It is believed to cause a multitude of favorable impacts within different stakeholder groups. As a consequence, a multitude of studies analyzed the relationship between corporate reputation and financial performance. However, the most of them raised the question of causation due to their methodology. In order to isolate the impact of corporate reputation on financial performance, some authors had conducted event studies, but without any succ… Show more

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Cited by 75 publications
(52 citation statements)
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“…Scholars often study CR by balancing the benefits of a strong reputation for firm performance (e.g., Roberts and Dowling 2002;Tischer and Hildebrandt 2014) and its effects on customer behavior (e.g., trust, satisfaction, loyalty; Caruana and Ewing 2010;Walsh and Beatty 2007). However, scholars have rarely analyzed CR internationally (see Table 1).…”
Section: Introductionmentioning
confidence: 99%
“…Scholars often study CR by balancing the benefits of a strong reputation for firm performance (e.g., Roberts and Dowling 2002;Tischer and Hildebrandt 2014) and its effects on customer behavior (e.g., trust, satisfaction, loyalty; Caruana and Ewing 2010;Walsh and Beatty 2007). However, scholars have rarely analyzed CR internationally (see Table 1).…”
Section: Introductionmentioning
confidence: 99%
“…Various research in the literature links market orientation with the improvement of image, due to the fact the companies are able to focus on the best strategy [104,161]. At the same time, as a result, a right market orientation could also correlate strongly with image and profitability [5,162]. Put simply, a strategy which improves image should improve profitability.…”
Section: Image and Profitabilitymentioning
confidence: 99%
“…Regarding corporate reputation, most scholars argue that reputation is a function of organizational behavior and relationships with stakeholders (Formbrun, 1996;Kim et al, 2013), both internal and external groups, including: employees, customers, suppliers, investors and local communities (Tischer & Hildebrandt, 2014). Yet, scholars do not measure behaviors that stakeholders recall, nor the relationships nurtured with them.…”
Section: Corporate Reputation and Relationship Marketingmentioning
confidence: 99%