Economics at your fingertips  

The Impact of Reputation on Corporate Financial Performance: Median Regression Approach

Vig Silvija (), Dumičić Ksenija () and Klopotan Igor ()
Additional contact information
Vig Silvija: Polytechnic of Međimurje, Čakovec, Croatia
Dumičić Ksenija: Faculty of Economics & Business, Zagreb, Croatia
Klopotan Igor: University North, Varaždin, Croatia

Business Systems Research, 2017, vol. 8, issue 2, 40-58

Abstract: Background: In recent years, reputation has become an important risk concern for companies around the world. Deloitte Global Survey highlights the reputation risk as the top strategic business risk in 2014. This is also proven by a research conducted by AON Global Risk Management Survey in 2015 and Allianz Risk Barometer Survey in 2016 which finds a loss of reputation as one of the biggest risks for business executives. Furthermore, the importance of reputation is confirmed by the fact that reputation accounts for more than 25 percent of a company’s market value and the total market capitalization of the S&P500 companies.

Keywords: business ethics; corporate reputation; financial performance; hierarchical regression; reputation risk (search for similar items in EconPapers)
JEL-codes: M (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... -0015.xml?format=INT (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Business Systems Research is currently edited by Mirjana Pejić Bach

More articles in Business Systems Research from Sciendo
Bibliographic data for series maintained by Peter Golla ().

Page updated 2018-08-30
Handle: RePEc:bit:bsrysr:v:8:y:2017:i:2:p:40-58:n:4