Reputational risk: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Expand. Source: PRA CP 21/16 http://www.bankofengland.co.uk/pra/Documents/publications/cp/2016/cp2116.pdf) |
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1. | |||
The risk of adverse consequences arising from a worsening of the reputation of a business. | The risk of adverse consequences arising from a worsening of the reputation of a business. | ||
For example, as a result of adverse publicity. | For example, as a result of adverse publicity. | ||
2. | |||
The risk of incurring costs, or limiting the flexibility of commercial actions, because of the need to protect the reputation of the business from damage. | |||
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==See also== | ==See also== | ||
*[[Ethics]] | *[[Ethics]] | ||
*[[Franchise viability risk]] | |||
*[[Media risk]] | *[[Media risk]] | ||
*[[Operational risk]] | *[[Operational risk]] | ||
[[Category:Financial_risk_management]] | [[Category:Financial_risk_management]] | ||
Revision as of 10:42, 14 August 2016
1.
The risk of adverse consequences arising from a worsening of the reputation of a business.
For example, as a result of adverse publicity.
2.
The risk of incurring costs, or limiting the flexibility of commercial actions, because of the need to protect the reputation of the business from damage.
