This paper presents a comparative qualitative analysis of reputational crisis of four European banks, and explores how in recent years these companies have faced the manifestation of reputational risk. To achieve this...This paper presents a comparative qualitative analysis of reputational crisis of four European banks, and explores how in recent years these companies have faced the manifestation of reputational risk. To achieve this, the research follows three related steps： （1） to carry out a review of the literature on reputational risk in the banking sector aimed to identify the relationships between causes, effects, stakeholders, and key qualitative-quantitative variables involved during the reputational crisis of a bank; （2） to propose a conceptual framework for management of reputational risk （and reputational crisis） in banking; （3） to test this framework with the results of an empirical analysis, carried out through the observation of key variables of some reputational crisis of intemational banks. The main results show that： （1） the banks are not yet prepared to accurately manage a reputational crisis or to prevent them; （2） the reputational crisis is determined by several internal and external factors; （3） the conduct of the managers and the corporate communication are very important to overcome a reputational crisis. Finally, this research provides indications that will help banks to better manage their corporate reputation and prevent reputational crisis.展开更多
This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppli...This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppliers and improve supply stability,we develop a differential game model to investigate the optimal investment decisions of the OEM towards the local supplier under different risk scenarios and the impact of different risks on the optimal decisions.The results show that investment efficiency and risks have a significant impact on OEM investment decisions.Specifically,when the OEM has higher investment efficiency,investing in the local supplier is profitable for the OEM;conversely,when the investment efficiency of the OEM is lower,it does not invest.In addition,an increase in the supply risk of the global supplier will lower the entry threshold for OEM investment,but an increase in the supply risk of the local supplier and the reputational risk of both will increase this threshold,meaning that only the OEM with significantly higher investment efficiency can profit.展开更多
文摘This paper presents a comparative qualitative analysis of reputational crisis of four European banks, and explores how in recent years these companies have faced the manifestation of reputational risk. To achieve this, the research follows three related steps： （1） to carry out a review of the literature on reputational risk in the banking sector aimed to identify the relationships between causes, effects, stakeholders, and key qualitative-quantitative variables involved during the reputational crisis of a bank; （2） to propose a conceptual framework for management of reputational risk （and reputational crisis） in banking; （3） to test this framework with the results of an empirical analysis, carried out through the observation of key variables of some reputational crisis of intemational banks. The main results show that： （1） the banks are not yet prepared to accurately manage a reputational crisis or to prevent them; （2） the reputational crisis is determined by several internal and external factors; （3） the conduct of the managers and the corporate communication are very important to overcome a reputational crisis. Finally, this research provides indications that will help banks to better manage their corporate reputation and prevent reputational crisis.
基金supported in part by the National Natural Science Foundation of China(NSFC)under Grant No.72271208the China Postdoctoral Science Foundation under Grant No.2023M741907.
文摘This paper considers the supplier investment decision-making problem in a supply chain consisting of an original equipment manufacturer(OEM),a global supplier,and a local supplier.To reduce dependence on global suppliers and improve supply stability,we develop a differential game model to investigate the optimal investment decisions of the OEM towards the local supplier under different risk scenarios and the impact of different risks on the optimal decisions.The results show that investment efficiency and risks have a significant impact on OEM investment decisions.Specifically,when the OEM has higher investment efficiency,investing in the local supplier is profitable for the OEM;conversely,when the investment efficiency of the OEM is lower,it does not invest.In addition,an increase in the supply risk of the global supplier will lower the entry threshold for OEM investment,but an increase in the supply risk of the local supplier and the reputational risk of both will increase this threshold,meaning that only the OEM with significantly higher investment efficiency can profit.
