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Private Politics Daily: What Makes Firms The Target Of Internet/Media Criticism? An Empirical Investigation Of Firm, Industry And Institutional Factors, Dominik Breitinger, Jean-Philippe Bonardi
Private Politics Daily: What Makes Firms The Target Of Internet/Media Criticism? An Empirical Investigation Of Firm, Industry And Institutional Factors, Dominik Breitinger, Jean-Philippe Bonardi
Jean-Philippe Bonardi
Private politics refers to situations in which activists or NGOs try to push firms to conform to social standards (regarding, for instance, human rights and environmental protection) without public policy intervention. The existing literature on private politics has focused on large campaigns such as consumer boycotts, and looked at the impact of those boycotts on firms’ financial performance and on the likelihood that firms comply with activist demands. Even though these large campaigns are important, focusing on them leads to neglecting the fact that a large portion of the time and resources that activists consecrate to private politics is used …
Reputation Cascades, Jean-Philippe Bonardi
Reputation Cascades, Jean-Philippe Bonardi
Jean-Philippe Bonardi
The theory of reputation cascades explains why rational individuals who care about their own reputation might adopt the opinion of others, sometimes contrary to their own priors, and why this process –the cascade– leads to the formation of general opinions that are sometimes very stable over time. The purpose of this paper is to explore the implication of reputation cascades as drivers of corporate reputation.