RT info:eu-repo/semantics/article
T1 How corporate social responsibility mediates the relationship between corporate reputation and enterprise risk management: evidence from Spain
A1 Pérez Cornejo, Clara
A1 Quevedo Puente, Mª Esther
K1 Enterprise risk management system
K1 Corporate reputation
K1 Corporate social responsibility
K1 Reputational risk
K1 Crisis
K1 Economía
K1 Economy
AB Enterprise risk management (ERM) systems lessen the probability of risks harminga frm’s reputation for a number of reasons. First, a high-quality ERM system makesit less likely a frm will sufer a risk-based reputational crisis. Second, ERM systemshelp companies to behave more responsibly towards all stakeholders, thereby ensuring frms meet stakeholders’ expectations. Third, when a crisis stemming from anuncontrollable risk occurs, a high-quality ERM system helps to reduce the negativeimpact on reputation because stakeholders will not attribute guilt to a frm whichhas acted responsibly in its risk management. In this research, we explore the linkbetween corporate reputation and ERM systems together with the role played bycorporate social responsibility (CSR) performance as a mediator. Our results support the notion that ERM system quality enhances CSR performance as well as corporate reputation. The results also confrm that ERM systems have a positive impacton corporate reputation via the mediating efect of CSR performance. Companiesshould therefore use risk management policies to bolster both their CSR and theirreputation.
PB Springer Nature
SN 1309-4297
YR 2022
FD 2022-10
LK http://hdl.handle.net/10259/7391
UL http://hdl.handle.net/10259/7391
LA eng
NO Open Access funding provided thanks to the CRUE-CSIC agreement with Springer Nature.
DS Repositorio Institucional de la Universidad de Burgos
RD 06-may-2024