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The reputation or prestige of a social entity (a person, a social group, an organization, or a place) is an opinion about that entity – typically developed as a result of social evaluation on a set of criteria, such as behavior or performance. [1] Reputation is a ubiquitous, spontaneous, and highly efficient mechanism of social control. [2]
Reputational damage is the loss to financial capital, social capital and/or market share resulting from damage to an organization's reputation. This is often measured in lost revenue , increased operating, capital or regulatory costs, or destruction of shareholder value . [ 1 ]
Character assassination (CA) is a deliberate and sustained effort to damage the reputation or credibility of an individual. [1] The phrase "character assassination" became popular around 1930. [ 2 ] This concept, as a subject of scholarly study, was originally introduced by Davis (1950) [ 3 ] in a collection of essays revealing the dangers of ...
Psychology is the scientific study of mind and behavior. [1] [2] Its subject matter includes the behavior of humans and nonhumans, both conscious and unconscious phenomena, and mental processes such as thoughts, feelings, and motives. Psychology is an academic discipline of immense scope, crossing the boundaries between the natural and social ...
Factors of risk perceptions. Risk perception is the subjective judgement that people make about the characteristics and severity of a risk. [1] [2] [3] Risk perceptions often differ from statistical assessments of risk since they are affected by a wide range of affective (emotions, feelings, moods, etc.), cognitive (gravity of events, media coverage, risk-mitigating measures, etc.), contextual ...
Intuitive risk management is addressed under the psychology of risk below. Risk management refers to a systematic approach to managing risks, and sometimes to the profession that does this. A general definition is that risk management consists of "coordinated activities to direct and control an organization with regard to risk". [3]
The management of behavioral risk encompass the study of organization and individual behavior from two primary roots: risk management and organizational behavior.With regard to its risk management roots, this type of management analyzes the effect of practices, cultures and behaviors as well as their associated risk of negative outcomes within an individual and/or an organization ().
Risk compensation is a theory which suggests that people typically adjust their behavior in ... enhancement of reputation of responsibility) Expected costs of safe ...