Reputation and its measurement. An institutional approach

• Authors: Agata Adamska , Tomasz J. Dąbrowski
• Languages of publication: EN

Abstracts

EN

The article deals with the issue of identifying and measuring institutions. As an example, reputation was taken into consideration. The analysis leads to the conclusion that reputation could be treated as an institution and could be measured in the context of its impact on economic outcomes. This measurement can be carried out at three levels of detail: micro, meso and macro, among these the third is the least recognised in new institutional economics.

Keywords

EN

institution; reputation; economic outcomes; institutional economics

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Annales. Etyka w Życiu Gospodarczym
• Year: 2017
• Volume: 20
• Issue: 7
• Pages: 51-61

Dates

published

2019-02-25

Contributors

author

Agata Adamska

• Warsaw School of Economics, Collegium of Business Administration

author

Tomasz J. Dąbrowski

References

• Adamska, A., & Dąbrowski, T. J. (2015). Znaczenie reputacji spółek w różnych systemach ładu korporacyjnego. Studia Prawno-Ekonomiczne, 97, 181–197.
• Alchian, A. A., & Demsetz, H. (1973). The property right paradigm. The Journal of Economic History, 33(1), 16–27.
• Amable, B. (2003). The diversity of modern capitalism. Oxford University Press.
• Bohle, D., & Greskovits, B. (2012). Capitalist diversity on Europe’s periphery. Ithaca and London: Cornell University Press.
• Carmeli, A., & Tishler, A. (2005). Perceived organizational reputation and organizational performance: an empirical investigation of industrial enterprises. Corporate Reputation Review, 8(1), 13–30.
• Chmielewski, P. (2011). Homo agens. Instytucjonalizm w naukach społecznych. Warszawa: Poltext.
• Chong, D. (1992). Reputation and cooperative behavior. Social Science Information, 31(4), 683–709.
• Coates, D. (2000). Models of capitalism. Growth and stagnation in the modern era. Cambridge: Polity Press.
• Coleman, J. C. (1988). Social capital in the creation of human capital. American Journal of Sociology, 94(Suppl.), 95–120.
• Commons, J. R. (1931). Institutional economics. American Economic Review, 21(4), 648–657.
• Dąbrowski, T. J. (2011). Problemy pomiaru reputacji jako wartości dla klienta. Handel Wewnętrzny, November–December.
• Dąbrowski, T. J. (2016). Kształtowanie reputacji banku komercyjnego. Podejście symboliczne i substancjalne. Warszawa: Oficyna Wydawnicza SGH.
• Deephouse, D. L. (1997). The effect of financial and media reputations on performance (Part IV: How do reputations affect corporate performance?). Corporate Reputation Review, 1(1), 68–72.
• Demsetz, H. (1967). Toward a theory of property rights. American Economic Review, 57(2), 347–359.
• Dunbar, R. L. M., & Schwalbach, J. (2000). Corporate reputation and performance in Germany. Corporate Reputation Review, 3(2), 115–123.
• Eberl, M., & Schwaiger, M. (2005). Corporate reputation: Disentangling the effects on financial performance. European Journal of Marketing, 39(7–8), 838–854.
• Farkas, B. (2011). The Central and Eastern European model of capitalism. Post-Communist Economies, 23(1), 15–34.
• Fombrun, Ch. J. (2007). List of lists: A compilation of international corporate reputation ratings. Corporate Reputation Review, 10(2), 144–153.
• de la Fuente-Sabaté, J. M., & de Quevedo-Puente, E. (2003). Empirical analysis of the relationship between corporate reputation and financial performance: a survey of the literature. Corporate Reputation Review, 6(2), 161–177.
• Furubotn, E. G., & Pejovich S. (Eds.). (1974). The Economics of Property Rights. Cambridge: Ballinger Publishing.
• Furubotn, E. G., & Richter, R. (2000). Institutions and economic theory: The contribution of the New Institutional Economics. Ann Arbor: The University of Michigan Press.
• Greif, A. (1993). Contract enforceability and economic institutions in early trade: The Maghribi traders’ coalition. American Economic Review, 83(3), 525–548.
• Greif, A. (2006). Institutions and the path to the modern economy. Lessons from medieval trade. Cambridge University Press.
• Gruszewska, E. (2011). Dezintegracja w zinstytucjonalizowanym świecie. Ekonomia i Prawo, 7(1), 49–66.
• Hall, P. A., & Soskice, D. (Eds.). (2001) Varieties of capitalism: The institutional foundations of comparative advantage. Oxford University Press.
• Hancké, R. (Ed.). (2009). Debating varieties of capitalism. A reader. Oxford University Press.
• Herbi, P., & Milewicz, J. (1995). To be or not to be… credible that is: a model of reputation and credibility among competing firms. Marketing Intelligence & Planning, 13(6), 24–33.
• Hodgson, G. M. (1996). Varieties of capitalism and varieties of economic theory. Review of International Political Economy, 3(3), 380–433.
• Hodgson, G. M. (2006). What are institutions? Journal of Economic Issues, 40(1), 1–25.
• Lane, D., & Myant, M. (Eds.). (2007). Varieties of capitalism in post-communist countries. London: Palgrave Macmillan.
• Milgrom, P. R., North, D. C., & Weingast, B. R. (1990). The role of institutions in the revival of trade: The law merchant, private judges, and the Champagne fairs. Economics and Politics, 2(1), 1–23.
• Morawski, W. (2016). Instytucje: oczekiwania i rozczarowania. In A. Górny, P. Kaczmarczyk, & M. Lesińska (Eds.), Transformacje. Przewodnik po zmianach społeczno-ekonomicznych w Polsce. Warszawa: Scholar.
• Nölke, A., & Vliegenthart, A. (2009). Enlarging the varieties of capitalism: The emergence of dependent market economies in East Central Europe. World Politics, 61(4), 670–702.
• North, D. C. (1990). Institutions, institutional change and economic performance. Cambridge University Press.
• Ostrom, E. (1990). Governing the commons: The evolution of institutions for collective action. Cambridge University Press.
• Ostrom, E. (1998). A behavioral approach to the rational choice theory of collective action. Presidential address, American Political Science Association 1997. American Political Science Review, 92(1), 1–22.
• Ostrom, E., & Schlager, E. (1996). The formation of property rights. In S. S. Hanna, C. Folke, & K.-G. Mäler (Eds.), Rights to nature: ecological, economic, cultural and political principles of institutions for the environment. Washington: Island Press.
• Pejovich, S. (1990). The Economics of Property Rights: Towards a theory of comparative systems. Dordrecht: Kluwer Academic Publishers.
• Richman, B. D. (2006). How community institutions create economic advantage. Jewish diamond merchants in New York. Law & Social Inquiry, 31(2), 383–420.
• Rindova, V. P., & Fombrun Ch. J. (1999). Constructing competitive advantage: The role of firm – constituent interactions. Strategic Management Journal, 20(8), 691–710.
• Roberts, P. W., & Dowling, G. R. (2002). Corporate reputation and sustained superior financial performance. Strategic Management Journal, 23(12), 1077–1093.
• Sapir, A. (2006). Globalization and the reform of European social models. Journal of Common Market Studies, 44(2), 369–390.
• Schulz, N., Parisi, F., & Depoorter, B. (2002). Fragmentation in property: Towards a general model. Journal of Institutional and Theoretical Economics, 158(4), 594–613.
• Sztompka, P. (2007). Zaufanie. Fundament społeczeństwa. Kraków: Wydawnictwo Znak.
• Sztompka, P. (2016). Kapitał społeczny. Teoria przestrzeni międzyludzkiej. Kraków: Wydawnictwo Znak.
• Veblen, T. (2008). Teoria klasy próżniaczej. Warszawa: Muza.
• Weigelt, K., & Camerer, C. (1988). Reputation and corporate strategy: A review of recent theory and applications. Strategic Management Journal, 9(5), 443–454.
• Williamson, O. E. (1991a). Comparative economic organization: The analysis of discrete structural alternatives. Administrative Science Quarterly, 36(2), 269–296.
• Williamson, O. E. (1991b). Economic institutions: Spontaneous and intentional governance. Journal of Law, Economics, & Organization, 7, Special Issue, 159–187.
• Williamson, O. E. (2015). Ekonomia kosztów transakcyjnych: naturalne etapy rozwoju. Zarządzanie Publiczne, 2, 67–90.
• Ząbkowicz, A. (2015). Instytucjonalny kontekst funkcjonowania rynku i organizacyjne formy koordynacji jako elementy nowego paradygmatu w ekonomii. Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu, 405, 9–22.

Identifiers

DOI

10.18778/1899-2226.20.7.04