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    • How corporate social responsibility mediates the relationship between corporate reputation and enterprise risk management: evidence from Spain
    Authors: Clara, Pérez-Cornejo; Esther de, Quevedo-Puente;  Advisor: -;  Co-Author: - (2023)

    Enterprise risk management (ERM) systems lessen the probability of risks harming a firm’s reputation for a number of reasons. First, a high-quality ERM system makes it less likely a firm will suffer a risk-based reputational crisis. Second, ERM systems help companies to behave more responsibly towards all stakeholders, thereby ensuring firms meet stakeholders’ expectations. Third, when a crisis stemming from an uncontrollable risk occurs, a high-quality ERM system helps to reduce the negative impact on reputation because stakeholders will not attribute guilt to a firm which has acted responsibly in its risk management. In this research, we explore the link between corporate reputation...