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"An analytical approach to corporate reputations from its leading scholar. Public perception, especially in the time of social media, is a core determinant of any organization's success and longevity. It is also fickle: organizations can fall astray of public approval through crisis,...
Persistent link: https://www.econbiz.de/10014455603
We model the interaction between a profi t-maximizing firm and an activist using an in nite-horizon dynamic stochastic game. The fi rm enhances its reputation through self-regulation : voluntary provision of an activity that reduces a negative externality. We show that in equilibrium the...
Persistent link: https://www.econbiz.de/10013065731
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We model the interaction between a profit-maximizing firm and an activist using an infinite-horizon dynamic stochastic game. The firm enhances its reputation through “self-regulation”: voluntary provision of an abatement activity that reduces a negative externality. We show that in...
Persistent link: https://www.econbiz.de/10015365657
"We present a theory of corporate campaigns in which activists use campaigns as a means of harming a firm's reputation in hope of motivating it to increase its private regulation - corporate social responsibility (CSR) activities aimed at reducing negative externalities or other forms of social...
Persistent link: https://www.econbiz.de/10013480434