Sentences with phrase «reputational damage»

"Reputational damage" refers to harm or negative impact caused to someone's or something's reputation. It occurs when actions, events, or information leads to a decline in how others perceive and judge them. Reputational damage can result in loss of trust, credibility, opportunities, and goodwill. Full definition
Lastly, there is the risk of reputational damage as customer sentiment shifts towards climate change awareness or investors divert funds from fossil fuels.
For a ruthless government that doesn't mind the temporary reputational damage caused by a U-turn, if you float ideas of revolution that meet resistance, up the stakes to full - scale Armageddon and suddenly revolution seems a whole lot better by comparison.
One of the best weapons in fighting reputational damage from a crisis is arming people with the facts and the web gives you an unfiltered way to provide the facts to the public.
«We became interested in the plight of people whose career trajectories were derailed because of someone else's unethical behavior — these were people who did nothing wrong themselves but suffered reputational damage merely by being associated with a fraudulent employer or company,» says Takuya Sawaoka of Stanford University, who published a paper today on the «moral spillover» effect in Social Psychological and Personality Science.
What we have is an entire sector under the blowtorch and battling serious reputational damage as the audience lay witness to AMP lying to the regulator, CBA awarded the «gold medallist» for charging fees for no service, planners caught taking fees from dead people, NAB caught false witnessing documents, client impersonation, inappropriate advice, Orwellian protection policies and a witness cutting short his testimony after collapsing.
ROZZANO, Italy, April 24 - Board fights at Telecom Italia and the battle of words between its top two shareholders have worsened the climate at Italy's biggest phone group and caused serious reputational damage, Deputy Chairman Franco Bernabe said.
By the time BlackBerry 10 is released, the company could be working with a smaller subscriber base, and it will have suffered more reputational damage in the wake of bleak earnings reports, further souring consumers on its products.
Being able to explain a pay differential in a way that is consistent with the relevant legal requirements could mean the difference between avoiding reputational damage and spending in excess of five years defending equal pay claims», Lorraine Heard continues.
But as Peter Eavis at the New York Times pointed out yesterday, the bank isn't disclosing a number everyone would like to know: the «overall size of the derivatives bets that have led to large losses and much reputational damage for the bank.»
The firm has faced significant reputational damage after criticism that it profited from the subprime mortgage crisis.
This opens up the potential for costly lawsuits and huge reputational damage if, for example, health organisations are exposed and fined for inadvertently sharing the personal details of children without their parent's knowledge.
«The stakes are high with reputational damage, a large fine and even revocation of authorisation and partner strike - off being amongst the spectrum of potential outcomes if Leigh Day and its two partners can not succeed in contesting the allegations.
Speaking at a press conference alongside ASI c.e.o. Kevin Weiss from ASI's headquarters in Bloomington, Indiana, this afternoon (19th July), Makinson said Penguin did not have a «concern about reputational damage» over the buy, but added: «The issue to which we are very sensitive is that the Penguin brand is associated with the idea of editorial selection.
Non-compliance can result in huge reputational damage and loss of market share, revenue and l competitive advantage.
The perpetrator was a sophisticated, tech - savvy and unscrupulous sort, based abroad, and while my lawyer friend pursued the matter through appropriate legal channels, getting the offending material removed from major search engines was a cumbersome, lengthy and expensive process, during which time anyone searching my friend's name online was bombarded with an array of falsified documents, quotes and images intended to inflict as much reputational damage as possible.
A growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are...
The letter said her alternative would save trustees from further reputational damage and «hopefully bring about swift improvements for the benefit of the pupils».
Law firm leaders, employment partners, and PR specialists on how firms can minimise reputational damage in a crisis
In these cases, Sawaoka and his co-author Benoît Monin noticed that people seemed to suffer more reputational damage when they were associated with an unethical supervisor than with an unethical subordinate.
There is also the risk that an employer could be found to be vicariously liable for harassment or bullying committed by an employee against another employee, which could be costly and cause vast reputational damage.
When disaster strikes, our clients depend on our custom - built communications plans to minimize reputational damage.
This will help them set up procedures which will mitigate against potential reputational damage, significant financial cost and crucially prevent injury, or worse, to those who have been exploited and find themselves in an industry they are not trained for.»
This would be an overt act of theft rather than a covert one thorough Academies, and consequently harder to pull off without reputational damage.
In a notable effort to repair reputational damage, Coinbase supplemented today's announcement with a 14 - page document explaining things like the index methodology, and how the CBI will be administered.
The advent of the GDPR will place even greater emphasis on the need to process and store customer data securely: failure to do so could result in significant maximum fines, not to mention severe reputational damage and remediation costs.
Inundated with allegations of shilling, both Suppo and other YouTubers have — rightly or wrongly — suffered major reputational damage in the early stages of 2018.
The pleas of state immunity fail, as the interests or activities covered by the UN Convention on Jurisdictional Immunities of States and their Property 2004, art 6 (2)(b) do not include reputational damage suffered by foreign states if it is proven that foreign officials acted contrary to their own laws.
If it is not then there should be no surprise when the criminals find the weak spots and wreak havoc, from which a firm might not recover, with irreparable reputational damage.
Meanwhile, the ongoing rise of technology to host and manage customer data, the increased sophistication and complexity of cyberattacks and consequences of a breach that go way beyond reputational damage have corporate legal teams looking at IT security much more carefully.
That Google may suffer reputational damage because it is acting in accordance with the rule of law and is pursuing its appeal diligently was flatly rejected by the Court.
The field of corporate social responsibility (CSR) evolved partly as a tool to build corporate reputation and safeguard against reputational damage.
«Until now, the remaining sanctions and concern about possible reputational damage from engaging even unwittingly with one of the cronies on the blacklist held US companies back from actually investing,» Hiebert says.
The resulting reputational damage has translated into economic impacts of affected organisations.
That and the horrific reputational damage are subjecting Volkswagen to one of the severest challenges in its nearly 80 - year history.
Management teams monitor all sites for negative reviews and comments that they can nip in the bud and respond to before reputational damage can set in and impact brand perception.
While in most companies the venture capitalists have to worry about their reputation along with their capital, in the case of Uber there is simply too much money at stake: transforming a $ 68 billion paper return to a real return (and guaranteeing a per partner return in the nine figures) is worth whatever reputational damage is incurred along the way.
«The only way the boycott will be effective is if it creates enough reputational damage that regulation becomes a reasonable option or if advertisers leave en masse,» says Brayden King, a professor at the Northwestern Kellogg School of Management who studies how social movement activists influence corporate social responsibility and policymaking.
I'm not sure a poll of federal taxpayers and parents would find the time and effort spent by these employees on the journal article — which I personally viewed purely as a form of reputational damage control — to be a worthy use of these funds when other aspects of our meal program are in clear need of improvement.
«Financial mismanagement in any school is a real cause for concern, and such failures in academy schools create the risk of wider reputational damage to the programme,» the NAO warned.
When it's uncovered as fake news, it brings lasting reputational damage for the offender.»
A failure to recognise this and to act appropriately, can lead to immense reputational damage by feeding allegations of cover up.
Indirect consequences of legal, technological or scientific developments, such as increased demand for goods that results in lower greenhouse gas emissions or reputational damage arising from the public's perception of greenhouse gas emissions; and
«Instead, we risk significant fines for missing EU targets as well as considerable reputational damage in view of the international climate negotiations in Paris at the end of this year» said Sorley McCaughey, head of policy and advocacy at Christian Aid.
Businesses that suffer a cybersecurity attack after the General Data Protection Regulation (GDPR) comes into force could face huge fines as well as increased reputational damage and potential compensation claims.
Due to increasingly vague criminal provisions and the major reputational damage connected to — even false — indictments, corporations hold a vulnerable position in negotiating prosecution agreements.
However, what can not — and should not — be ignored by those companies affected by this legislation, and perhaps even those who currently are not, is the devastating reputational damage that failure to engage in the Government's efforts to eradicate this practice may lead to.
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