Publication Type
Book Chapter
Version
publishedVersion
Publication Date
12-2020
Abstract
Reputation is a crucial driver of business performance. In today’s crisis-ridden business environment, this corporate quality has never been more prized in organizations. Research has time and again demonstratedthat a favorable reputation offers long-term value for organizations. Reputation impacts everything from financial to relationships represented by public’s confidence in brand equity, human capital, earnings and future growth. Reputation-led companies have been shown to set the standard by leading the pack for other businesses to follow, and in times of a crisis, the reputation capital that they have amassed enable them to better recover from economic storms. However, unlike other business assets, corporate reputation painstakingly built and earned over decades, and its potentially transient nature and fragility due to shifting expectations of accountability also makes reputation damage the top global business risk for companies in Asia-Pacific.
Keywords
Reputation, human capital, trust, accountability
Discipline
Business and Corporate Communications | Business Law, Public Responsibility, and Ethics
Research Areas
Corporate Communication
Publication
Human capital leadership insights: Solving human capital challenges from the business perspective
First Page
209
Last Page
214
ISBN
9789811477157
Publisher
Singapore Management University
City or Country
Singapore
Citation
YEO, Su Lin.
Reputation matters: Building internal trust and resilience with effective communication. (2020). Human capital leadership insights: Solving human capital challenges from the business perspective. 209-214.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6789
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Included in
Business and Corporate Communications Commons, Business Law, Public Responsibility, and Ethics Commons