Language:

The effects of corporate reputation perceptions of the general public on shareholder value

Strategic management journal, 2015-06, Vol.36 (6), p.945-956 [Peer Reviewed Journal]

Copyright © 2015 John Wiley & Sons Ltd. ;Copyright © 2014 John Wiley & Sons, Ltd. ;Copyright Wiley Periodicals Inc. Jun 2015 ;ISSN: 0143-2095 ;EISSN: 1097-0266 ;DOI: 10.1002/smj.2248 ;CODEN: SMAJD8

Full text available

Citations Cited by

Actions
1. Add to My Research
2. Remove from My Research
3. E-mail
4. Print
5. Permalink
6. Citation
7. EasyBib
8. EndNote
9. RefWorks
10. Delicious
11. Export RIS
12. Export BibTeX

Title:
The effects of corporate reputation perceptions of the general public on shareholder value
Author: Raithel, Sascha ; Schwaiger, Manfred
Subjects: Corporate image ; corporate reputation ; Financial performance ; Germany ; intangible asset ; investors ; Management science ; Perception ; Perceptions ; Reputations ; shareholder value ; Shareholders wealth ; Stakeholder ; stock return ; Stock returns ; Stockholders ; Strategic management ; Studies
Is Part Of: Strategic management journal, 2015-06, Vol.36 (6), p.945-956
Description: Superior corporate reputations can have strategic value for firms. Of the "multiple reputations" associated with each firm, we focus on the perceptions of the general public. The public represents the most widely defined stakeholder group but has attracted the least amount of research interest to date. Drawing on data for German firms, this study demonstrates that superior reputation perceptions issued by the general public increase shareholder value, as measured by future stock returns. This study provides a more nuanced understanding for this novel finding. Applying a conceptualization of reputation that balances both its affective and cognitive components, we find that reputation perceptions that are driven by nonfinancial aspects are more value relevant in the future than reputation perceptions that are driven by previous financial performance.
Publisher: Chichester, UK: John Wiley & Sons, Ltd
Language: English
Identifier: ISSN: 0143-2095
EISSN: 1097-0266
DOI: 10.1002/smj.2248
CODEN: SMAJD8
Source: Alma/SFX Local Collection

Back to results list


INSPIRE LIBRARY - TON DUC THANG UNIVERSITY	(84-028) 37 755 057	Feedback
19 Nguyen Huu Tho St. Dist.7, HCM	thuvien@tdtu.edu.vn	Feedback

The effects of corporate reputation perceptions of the general public on shareholder value

Copyright © 2015 John Wiley & Sons Ltd. ;Copyright © 2014 John Wiley & Sons, Ltd. ;Copyright Wiley Periodicals Inc. Jun 2015 ;ISSN: 0143-2095 ;EISSN: 1097-0266 ;DOI: 10.1002/smj.2248 ;CODEN: SMAJD8

Searching Remote Databases, Please Wait