Skip to main content

Analysts

  • Chapter
  • 1382 Accesses

Abstract

Reputation is a consequence of corporate behavior that motivates stakeholders to behave in ways that either reward or punish the corporation. Reputation value is the measure of reward or punishment. This chapter compares and contrasts measures of both the impression and the expression of reputation value that may be useful to financial analysts. Featured are the methods of Transparent Value, Fortune, Barron’s, Harris Interactive, Reputation Institute, and Steel City Re, the author’s employer. Consistent with Bernstein’s maxim—“the plural of ‘anecdote’ is not ‘data’ —these measures are useful alternatives to scattershot extra-financial reputation information.2

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
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

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Endnotes

  1. Clifford S. The annual shareholders’ meeting for Wal-Mart, like its stock, is buoyant. The New York Times. 1 June 2012. Available at: http://www.nytimes.com/2012/06/02/business/wal-mart-board-challenges-rebuffed.html?_r=2&ref=business. Accessed 12 August 2012.

  2. Bernstein IS. Metaphor, cognitive belief, and science. Behavioral and Brain Sciences. 1988;11:247–248.

    Article  Google Scholar 

  3. Available at: http://scotland.stv.tv/greatest-scot/nominees/118993-andrew-carnegie-1835-1919/. Accessed 4 May 2012.

  4. Available at: http://www.pbs.org/wgbh/amex/carnegie/peopleevents/pande01.html. Accessed 4 May 2012.

  5. Hill N. The wisdom of Andrew Carnegie as told to Napoleon Hill. Napoleon Hill Foundation, 2005.

    Google Scholar 

  6. Ray S. Boeing’s Conner sticking to 777 jet’s upgrade plan. Bloomberg. 23 August 2012. Available at: http://www.bloomberg.com/news/2012-08-24/boeing-s-conner-sticking-to-777-jet-s-upgrade-plan.html. Accessed 24 August 2012.

  7. How Julian Koski’s maverick stock picking method led to a merger with Guggenheim. RIA Biz. 10 January 2012. Available at: http://www.riabiz.com/a/10528703/how-julian-koskis-maverick-stock-picking-method-led-to-a-merger-guggenheim. Accessed 26 August 2012.

  8. Transparent value. Available at: http://www.transparentvaluefunds.com/index.aspx?q=i. Accessed 25 August 2012.

  9. Guggenheim Partners launches three transparent value mutual funds. Press Release, 3 May 2010. Available at: http://www.transparentvaluefunds.com/news/Guggenheim%20Press%20Release.pdf. Accessed 25 August 2012.

  10. Prediction markets. Wikipedia. Available at: http://en.wikipedia.org/wiki/Prediction_market. Accessed 25 August 2012.

  11. Jones H. UK sets out terms of urgent Libor review. Reuters. 30 July 2012. Available at: http://www.reuters.com/article/2012/07/30/us-britain-libor-idUSBRE86T08320120730. Accessed 25 August 2012.

  12. The basics. BBALibor™. Available at: http://www.bbalibor.com/bbalibor-explained/the-basics. Accessed 25 August 2012.

  13. Graefe A, Armstrong JS. Comparing face-to-face meetings, nominal groups, Delphi and prediction markets on an estimation task. International Journal of Forecasting. 2011; 27:183–195.

    Article  Google Scholar 

  14. Steel City Re. Intangible Asset Management: reputation metrics. Available at: http://www.steelcityre.com/finance_management_index.shtml. Accessed 28 August 2012.

  15. Technology Option Capital. Guide to RepuStars. Available at: http://www.steelcityre.com/documents/SOP4004GuidetoRepuStarsv720120229.pdf. Accessed 28 August 2012.

  16. Smith J. The world’s most reputable companies. Forbes. 7 June 2012. Available at: http://www.forbes.com/sites/jacquelynsmith/2012/06/07/the-worlds-most-reputable-companies. Accessed 28 August 2012.

  17. How we pick them. World’s most admired companies. Fortune. 2012. Available at: http://money.cnn.com/magazines/fortune/most-admired/2012/faq/. Accessed 28 August 2012.

  18. Hay Group. How we identify and rank the Most Admired. Available at: http://www.haygroup.com/ww/best_companies/index.aspx?id=1582. Accessed 29 August 2012.

  19. FORTUNE magazine World’s Most Admired companies. Press release, 1 March 2012. Available at: http://www.haygroup.com/ww/press/details.aspx?id=33038. Accessed 28 August 2012.

  20. Hay Group. Media fact box. Available at: http://www.haygroup.com/Fortune/media-fact-box/. Accessed 29 August 2012.

  21. Most admired industry stars. World’s most admired companies. Fortune. 2012. Available at: http://money.cnn.com/magazines/fortune/most-admired/2012/longest-streaks/?iid=smlrr. Accessed 28 August 2012.

  22. Santoli M. Barron’s cover: The world’s most respected companies. Barron’s. 25 June 2012. Available at: http://online.barrons.com/article/SB50001424053111903882904577478993057727490.html#articleTabs_article%3DI. Accessed 28 August 2012.

  23. The 2012 Harris Poll Annual RQ® Public Summary Report. Available at: http://www.harrisinteractive.com/vault/2012_Harris_Poll_RQ_Summary_Report.pdf. Accessed 28 August 2012.

  24. Google slips into second as Apple soars to coveted top spot with highest reputation score in history, according to 13th Annual Harris Poll RQ® Study. Press release, 13 February 2012. Available at: http://www.harrisinteractive.com/NewsRoom/PressReleases/tabid/446/ctl/ReadCustom%20Default/mid/l506/Articleld/960/Default.aspx. Accessed 28 August 2012.

  25. Reputation Institute. The RepTrak™ system. Available at: http://www.reputationinstitute.com/thought-leadership/the-reptrak-system. Accessed 28 August 2012.

  26. Greenberg M. On breaking the logjam: the how and why of corporate reputation leadership. Corporate Finance Review. 2012; 17(1):11–17.

    Google Scholar 

  27. Purchase/Sale Agreement between the Company, Charles J. Fombrun and Reputation Institute, Inc., dated as of May 15, 2006. Available at: http://apps.shareholder.com/sec/viewerContent.aspx?companyid=HPOL&docid=4435474. Accessed 28 August 2012.

  28. Dowling GR. Creating corporate reputations: identity, image, and performance. Oxford: Oxford University Press, 2001.

    Google Scholar 

  29. Sjovall AM, Talk AC. From actions to impressions: cognitive attribution theory and the formation of corporate reputation. Corporate Reputation Review. 2004; 7(3):269–281.

    Article  Google Scholar 

  30. Fombrun CJ. Corporate reputations as economic assets. In Hitt M, et al. (Eds.), Handbook of strategic management. Oxford: Blackwell, 2002.

    Google Scholar 

  31. Gabbioneta C, Ravasi D, Mazzola P. Exploring the drivers of corporate reputation: a study of Italian securities analysts. Corporate Reputation Review. 2007; 10(2): 99.

    Article  Google Scholar 

  32. Dobson J. Introducing ethics into the finance curriculum: a simple three-level Guide. Journal of Financial Education. 2008; Spring: 1–17.

    Google Scholar 

  33. Hanson R. The Policy Analysis Market (and FutureMAP) Archive. George Mason University. Available at: http://hanson.gmu.edu/policyanalysismarket.html. Accessed 2 September 2012.

Download references

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2012 Nir Kossovsky

About this chapter

Cite this chapter

Kossovsky, N. (2012). Analysts. In: Reputation, Stock Price, and You. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-4891-0_9

Download citation

Publish with us

Policies and ethics