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  • © 2012

Reputation, Stock Price, and You

Why the Market Rewards Some Companies and Punishes Others

Apress

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  • Reputation, Stock Price, and You: Why the Market Rewards Some Companies and Punishes Others gives you insight into how reputation affects stock price and company value, and how you can use that insight to manage more wisely, oversee operations more effectively, operate more profitably, and invest more successfully.

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xi
  2. Précis

    1. Front Matter

      Pages 1-1
    2. Avoiding Hara-Kiri

      • Nir Kossovsky
      Pages 3-9
    3. A $54 Billion Reputation

      • Nir Kossovsky
      Pages 11-28
  3. Profit and Loss

    1. Front Matter

      Pages 29-29
    2. Customers

      • Nir Kossovsky
      Pages 31-51
    3. Employees

      • Nir Kossovsky
      Pages 53-91
    4. Suppliers

      • Nir Kossovsky
      Pages 93-125
    5. Creditors

      • Nir Kossovsky
      Pages 127-139
  4. Controls

    1. Front Matter

      Pages 141-141
    2. Equity Investors

      • Nir Kossovsky
      Pages 143-163
    3. Boards of Directors

      • Nir Kossovsky
      Pages 165-200
    4. Analysts

      • Nir Kossovsky
      Pages 201-223
    5. Regulators

      • Michael D. Greenberg
      Pages 225-238
  5. Perspectives

    1. Front Matter

      Pages 239-239
    2. Cultural Context

      • Robert C. Brandegee
      Pages 241-248
    3. Metrics

      • Nir Kossovsky
      Pages 249-271
    4. Consider These

      • Nir Kossovsky
      Pages 273-286
  6. Back Matter

    Pages 287-295

About this book

“All of our working lives we have heard the mantra, ‘a reputation lost is never regained.’ Still, the firms we work for, admire and invest in seem to take costly reputation hits all too often. Everyone interested in managing, regulating or investing in public firms will find Nir Kossovsky’s book a wonderful read through reputations won, lost and regained over the last 20 years. This is the first book which goes beyond platitudes to explain how to spot value-destroying reputation risk and how to manage it or live with its consequences. Couldn't be more timely.”

—Tom Skwarek, Managing Director|Structuring and Solutions Group, Unicredit Bank AG; previously Managing Director|Corporate Strategic Solutions, Swiss Re.

“There are fiduciary reasons why corporate directors would benefit from reading this book. There is also a personal benefit. The collapse of a company’s reputation can stain the personal reputation of its directors.”

—George Miles, Member of the Board of Directors, AIG, EQT, Harley Davidson, HFF, and Wesco.

“Nir Kossovsky has written a gripping tale, first educating the reader by distinguishing between corporate branding and reputation, then alarming us with case histories of mismanagement of corporate reputational crises, and finally reassuring all with a unique solution, i.e., insuring against the risk of reputational loss.”

—John H. Bennett, Partner, Global Brand Positioning, previously Chief Marketing Officer, Visa, Inc.

“While directors know reputation is important, it often is treated as a vague ‘good’ until something bad happens. Nir Kossovsky does a great job, with many examples, of connecting reputation to stock price and to behaviors, before and after crises. If you are a director, a senior manager, or a regulator, you should read this book and remember the lessons it offers. There is no office which will restore reputation, but careful planning and quick response, as Nir points out, can make a big difference.”

—Herbert S. Winokur, Jr., former chairman on Enron’s Board Finance Committee and a director of many for-profits and non-profits

A company that takes a hit to its reputation—BP after the Gulf oil spill, Barclays after fiddling LIBOR, News Corp after the phone hacking scandal—enters a world of grief: market value falls along with employee morale, regulatory scrutiny increases, and customers defect and boycott. Reputation, Stock Price, and You: Why the Market Rewards Some Companies and Punishes Others shows how a company’s reputation is created and how reputational value impacts corporate P&L and the personal finances of its many stakeholders. Better yet, it shows what you can do to profit from, increase, protect, monitor, evaluate, restore, and even insure reputational value.

If your job, bonus, options, salary, or investments depend on the stock price of a public company—or on the sales, profitability, or value of a private company—you need to read this book to understand the concrete steps you can take to improve your firm’s reputation, reduce risks to its finances and industry standing, and reap the highest reputational dividends. Using dozens of case studies, Reputation, Stock Price, and You:

  • Explains how stakeholders, and their expectations, both shape and are shaped by a company’s reputation
  • Describes how reputations for ethics, innovation, good governance, quality, safety, sustainability, and security are created and lost
  • Explains why both corporate and individual stakeholder behavior affect reputational value
  • Shows how you can influence the expectations and behaviors of stakeholders, which in turn can improve corporate finances, reduce operational risk, and increase stock price or market value
  • Provides sensitive tools for tracking and predicting stock price as a function of reputational value metrics

The majority of directors at U.S. public companies now count reputation as their firm’s #1 concern, and with good reason. A firm with a superior reputation gains many benefits: Customers are more willing to pay higher prices, vendors and employees offer better terms for their services, creditors and equity investors offer better terms for capital, and regulators tend to be more forgiving. This book shows how to achieve and sustain a stellar reputation and how to convert it into its tangible form: reputational value.

About the author

Dr. Nir Kossovsky is an authority on business process risk and reputational value. With a career spanning the worlds of risk, probability, and intangibles, Kossovsky is cofounder, chief executive, and director of Steel City Re, reputational value specialists. Kossovsky holds more than a dozen patents, including an algorithmic reputational value measurement system currently enabling insurance solutions(patent pending), third-party investment strategies, and governance products. He is the executive secretary of the Intangible Asset Finance Society, a professional organization, for which he edits the Mission:Intangible blog under the nom de plume, Huygens.He served on the boards of Patent & License Exchange and Littlearth, Inc.; was a consultant to the FDA s medical device advisory panels; and is featured in case studies from Harvard and Darden Schools of Business. Formerly a practicing physician with an MD from the University of Chicago, Kossovsky earned an MBA from University of Southern California and a BA in Philosophy from University of Pittsburgh. Kossovsky was a tenured member of the faculty of the UCLA School of Medicine, Chief of the UCLA Medical Center s Autopsy Service, and a Deputy Coroner in Los Angeles County. He is a Trustee of Excela Health Systems, a community-based health care provider. He graduated from the US Navy War College and was honorably discharged with the rank of Captain from the US Navy Reserves. He is the author of more than 200 scholarly articles, lay articles,and books.

Bibliographic Information

  • Book Title: Reputation, Stock Price, and You

  • Book Subtitle: Why the Market Rewards Some Companies and Punishes Others

  • Authors: Nir Kossovsky

  • DOI: https://doi.org/10.1007/978-1-4302-4891-0

  • Publisher: Apress Berkeley, CA

  • eBook Packages: Business and Economics, Business and Management (R0), Apress Access Books

  • Copyright Information: Nir Kossovsky and Michael D. Greenberg and Robert C. Brandegee 2012

  • Softcover ISBN: 978-1-4302-4890-3Published: 19 November 2012

  • eBook ISBN: 978-1-4302-4891-0Published: 28 January 2013

  • Edition Number: 1

  • Number of Pages: XI, 295

  • Topics: Business and Management, general

Buy it now

Buying options

eBook USD 29.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 39.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access