What determines reputational loss following operational losses in banking? The purpose of this paper is to empirically address this question. We estimate the reputational risk for a large sample of banks in Europe and the US between 2003 and 2008. We have two main results. First, we provide evidence that there is the probability that reputational damage increases as profits and size increase. Second, we show that a higher level of capital invested and intangible assets reduce the probability of reputational damage
Fiordelisi, F., M. G., S., P., S. (2013). The determinants of reputational risk in the banking sector. JOURNAL OF BANKING & FINANCE, 37(5), 1359-1371 [10.1016/j.jbankfin.2012.04.021].
The determinants of reputational risk in the banking sector
FIORDELISI, FRANCO;
2013-01-01
Abstract
What determines reputational loss following operational losses in banking? The purpose of this paper is to empirically address this question. We estimate the reputational risk for a large sample of banks in Europe and the US between 2003 and 2008. We have two main results. First, we provide evidence that there is the probability that reputational damage increases as profits and size increase. Second, we show that a higher level of capital invested and intangible assets reduce the probability of reputational damageI documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
