The Sociopolitical Implications of Firm Reputation
| Autor: | Simon A. Brandon-Lai, Arthur D. Martinez, Zachary A. Russell, Liam P. Maher, Gerald R. Ferris |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Organizational Behavior and Human Resource Management
Firm offer Financial performance Sociology and Political Science business.industry Strategy and Management media_common.quotation_subject 05 social sciences Financial ratio Accounting Management Science and Operations Research Public relations 0502 economics and business 050211 marketing Business Business and International Management Stakeholder theory 050203 business & management Reputation media_common |
| Zdroj: | Journal of Leadership & Organizational Studies. 24:55-64 |
| ISSN: | 1939-7089 1548-0518 |
| DOI: | 10.1177/1548051816656005 |
| Popis: | The purpose of this investigation is to examine how different dimensions of firm reputation interact to predict firm financial performance. Specifically, we draw on the tenets of stakeholder theory to argue that firm managers can optimize their financial performance by minding their financial and social reputations. If firm managers fail to establish a sound financial reputation, then their financial performance suffers, and especially does so if the firm has dedicated resources to maintaining a strong social reputation. Time separated data from 393 firms supported our hypotheses that financial performance is predicted by financial reputation, and that this relationship is moderated by social reputation. Implications, limitations, and areas for future research are discussed. |
| Databáze: | OpenAIRE |
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