Corporate Philanthropy, Reputation Risk Management and Shareholder Value: A Study of Australian Corporate giving

Is corporate social responsibility pursuing pristine business goals for sustainable development?

“…Bennett () found a commercial orientation of corporate philanthropy in France, Germany and the United Kingdom. Hogarth, Hutchinson, and Scaife () also found that there is a business case for corporate philanthropy in Australia.…”

The mediating effect of transparency in the relationship between corporate social responsibility and corporate reputation

“…In this sense, disclosure of information affects the perception of stakeholders about how the company, significantly influences the reputation of the firm and is a key element to safeguard the identity of the corporation (Hooghiemstra, 2000). This is not the only benefit of corporate reputation, as this stock variable (Zavyalova et al, 2016) is the result of trustworthy behavior (Hosmer, 1995) and provides other benefits such as financial value (Schnietz & Epstein, 2005), positive effects on human resources or consumer interest (Hogarth et al, 2016) and generates status (George et al, 2016), which encourages companies to improve the way of achieving corporate reputation.…”

“…This study focuses on the relationship between CSR and corporate reputation and contributes to the current literature by highlighting that the company will achieve higher reputation by implementing CSR actions when transparency beyond disclosure is included and examined. Delving into this relationship is motivated by the benefits that greater reputation may have for a company (Zavyalova, Pfarrer, Reger, & Hubbard, 2016), for example financial value (Schnietz & Epstein, 2005), employee recruitment and retention benefits (Hogarth, Hutchinson, & Scaife, 2016), customer interest (Hogarth et al, 2016) or status (George, Dahlander, Graffin, & Sim, 2016).…”

Influence of media exposure and Corporate Social Responsibility compliance on customer perception: The moderating role of Firm's reputation risk

“…The question now arises if reputation risk plays a moderating role amid the relationship between media exposure and customer perception the Sialkot sports manufacturing industry Pakistan. the author of this study argues that despite the fact that media exposure can positively impact the customer perception about the product of the industry and hardness greater customers loyalty and brand image (El Ghoul et al, 2019;Etter et al, 2019;Hoque, 2019;Kasemsap, 2018;Veldeman et al, 2017), the overall reputation risk which is often considered to be a negative aspect on the operations of a business (Fournier & Srinivasan, 2018;Heidinger & Gatzert, 2018;Hogarth et al, 2018;Mitic, 2018;Pereira et al, 2018;Tannous & Yoon, 2018), can reduce the effect of this media exposure on the development of customer perception. The major issue in this regard is that reputation risk gives a negative sense about the quality of the product in the minds of the customers and despite the good value developed by the media exposure the overall perception is lowered (Barakat et al, 2019;Gürhan-Canli & Batra, 2004;Ma & Wong, 2018;Tuttle, 2018).…”

“…The concept of reputation risk is an innate negative concept that can give rise to questions on the image of an organization (Heidinger & Gatzert, 2018;McShane, 2018). In essence, reputation risk is synonymous to bad reputation with a difference that reputation risk is a potential threat that can result into bad image for the firm (Fournier & Srinivasan, 2018;Hogarth, Hutchinson, & Scaife, 2018;Iwata, 2018;Ma & Wong, 2018;Mitic, 2018;Pereira, Silva, & Pereira, 2018;Tannous & Yoon, 2018).…”