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...
Guardado en:
Autor principal: | |
---|---|
Formato: | article |
Lenguaje: | EN |
Publicado: |
Public Library of Science (PLoS)
2021
|
Materias: | |
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 |