One useful data point to assess
reputational risk is to look at the total value created by a business in society compared to the perceptions of that value by the population.
"But certainly a lot of our candidates have said to me that it came up on the doors and did us some
reputational damage.
Police departments, in particular, have experienced
reputational damage because of videos and photos captured on personal devices, including their own body cameras.
They are also sensitive to Fitch's assessment of BB plc's propensity to support BBI, which is primarily driven by the parent's strategy in the products and geographies to be covered by BBI, as well as integration and
reputational considerations.
Today, carriers such as Allianz and Munich Re offer reputation risk or reputation harm policies to equip companies with the necessary resources to mitigate the effects of a
reputational risk crisis.
However, with two recent Wells Fargo and Equifax scandals the proposed regulations would not have applied, and yet the companies incurred major damage through
reputational harm, fines and/ or legal settlements.
PANAMA -- Mossack Fonseca, the Panamanian law firm at the center of the 'Panama Papers' scandal, said on Wednesday it was shutting down due to the economic and
reputational damage inflicted by its role in the global tax evasion debacle.
Saccos are increasingly becoming easy targets for cybercrime, a situation that threatens
reputational risk of the sector.
An accident would exacerbate the
reputational damage even more.
THE Financial Conduct Authority has been given a deadline by MPs to publish a report into RBS's mistreatment of small businesses, with the watchdog's chief executive warned he risks "
reputational damage" by holding up its release.
This Article identifies an alternative strategy for organizational change that relies on the indirect
reputational effects of litigation.
But there are social, commercial and
reputational arguments for reconsidering this scything exercise.
"If I have any influence, I would say this must be sorted out - for
reputational reasons but, most importantly, because of the lives of citizens that must be improved."
Reputational harm can turn a thriving institution into a struggling one in less than two years, but it does not necessarily result in a death spiral.
