Does customer-based reputation add to social and mass media reputation in judging social responsibility of banks?

Purpose: Reputation is a critical asset for finance and banking organizations where the mere suspicion of a problem suffices to trigger media turmoil with high risk of market share losses. Investing in media to build reputation has been therefore a priority for banks. However, another source of repu...

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Detalhes bibliográficos
Autor principal: Rebelo, R. (author)
Outros Autores: Ramalho, N. C. (author), Falcão, P. F. (author)
Formato: conferenceObject
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10071/24437
País:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/24437
Descrição
Resumo:Purpose: Reputation is a critical asset for finance and banking organizations where the mere suspicion of a problem suffices to trigger media turmoil with high risk of market share losses. Investing in media to build reputation has been therefore a priority for banks. However, another source of reputation may stem from direct front-office contact and it is yet unknown to which extent it plays a role when confronted with the widespread social and mass media reach. This study aims at testing the extent of the importance of customer-based reputation, as against media-based reputation, in explaining customer outcomes.