Operational risk and reputation in financial institutions: Does media tone make a difference?
(2018)
Journal Article
Barakat, A., Ashby, S., Fenn, P., & Bryce, C. (2019). Operational risk and reputation in financial institutions: Does media tone make a difference?. Journal of Banking and Finance, 98, 1-24. https://doi.org/10.1016/j.jbankfin.2018.10.007
Operational risk announcements are unexpected adverse media news that potentially harm the reputation of financial institutions. This paper examines the equity-based and debt-based reputational effects of financial sentiment tones in operational risk... Read More about Operational risk and reputation in financial institutions: Does media tone make a difference?.