Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.

There are two different concepts of corporate reputation grounded in individual and collective perceptions, respectively. The aim of this study was to identify how these two ways of conceiving of corporate reputation affect investors' decisions about whether or not to buy stock in a given compa...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: Anna Blajer-Gołębiewska
Formato: article
Lenguaje:EN
Publicado: Public Library of Science (PLoS) 2021
Materias:
R
Q
Acceso en línea:https://doaj.org/article/7ea8b00127f1449f9f566e40c0acdddf
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:7ea8b00127f1449f9f566e40c0acdddf
record_format dspace
spelling oai:doaj.org-article:7ea8b00127f1449f9f566e40c0acdddf2021-12-02T20:08:16ZIndividual corporate reputation and perception of collective corporate reputation regarding stock market investments.1932-620310.1371/journal.pone.0257323https://doaj.org/article/7ea8b00127f1449f9f566e40c0acdddf2021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0257323https://doaj.org/toc/1932-6203There are two different concepts of corporate reputation grounded in individual and collective perceptions, respectively. The aim of this study was to identify how these two ways of conceiving of corporate reputation affect investors' decisions about whether or not to buy stock in a given company. As this problem tackles individual decision-making processes, we designed and applied an incentivised economic experiment based on vignette studies and focused on individual decisions of single investors. Subjects took part in an online game that imitates stock exchange conditions and that concerns corporate reputation and investing. We found that the individual propensity to invest is not directly based on an investor's perception (rooted in historical share price and other objective metrics) of a firm's reputation but rather on an investor's subjective recognition of collective corporate reputation in the market. This suggests a need to rethink the popular measures of corporate reputation in the context of studies of stock market investor decisions.Anna Blajer-GołębiewskaPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 9, p e0257323 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
Anna Blajer-Gołębiewska
Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
description There are two different concepts of corporate reputation grounded in individual and collective perceptions, respectively. The aim of this study was to identify how these two ways of conceiving of corporate reputation affect investors' decisions about whether or not to buy stock in a given company. As this problem tackles individual decision-making processes, we designed and applied an incentivised economic experiment based on vignette studies and focused on individual decisions of single investors. Subjects took part in an online game that imitates stock exchange conditions and that concerns corporate reputation and investing. We found that the individual propensity to invest is not directly based on an investor's perception (rooted in historical share price and other objective metrics) of a firm's reputation but rather on an investor's subjective recognition of collective corporate reputation in the market. This suggests a need to rethink the popular measures of corporate reputation in the context of studies of stock market investor decisions.
format article
author Anna Blajer-Gołębiewska
author_facet Anna Blajer-Gołębiewska
author_sort Anna Blajer-Gołębiewska
title Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
title_short Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
title_full Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
title_fullStr Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
title_full_unstemmed Individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
title_sort individual corporate reputation and perception of collective corporate reputation regarding stock market investments.
publisher Public Library of Science (PLoS)
publishDate 2021
url https://doaj.org/article/7ea8b00127f1449f9f566e40c0acdddf
work_keys_str_mv AT annablajergołebiewska individualcorporatereputationandperceptionofcollectivecorporatereputationregardingstockmarketinvestments
_version_ 1718375192116330496