reputational harm

cost-benefit

The Microeconomic Perspective on Bribery Incentives

There's no doubt that there are benefits to bribery; if there weren't, corruption wouldn't be such an issue. It's just as plain that the costs of bribery can be great when individuals or companies are caught in the act. Michael Volkov posits that the most rational decision organizations can make when tempted with bribery -- despite the ...

Fresh Perspectives on Managing Reputational Risk

Increasingly, the frontline of management and stakeholder scrutiny is in the area of reputational risk, an advancing force in the hierarchy of key strategic and operational concerns—a business risk taking its place right alongside reporting soundness, product quality, anti-corruption initiatives and competitive threats. Deloitte & Touche's Henry Ristuccia offers new perspectives on managing reputational risk in addition to providing ...