Compared to mature investment firms, first-time funds in private equity lack an investment and performance track record, and require alternative signals to establish initial trust with investors. The paper finds that investors allocate more capital to first-time funds if they have a higher share of managers with relevant experience, such as from another private equity group or a bank. In partic...

We first establish that policymakers on the Bank of England's Monetary Policy Committee choose lower interest rates with experience. We then reject increasing confidence in private information or learning about the structure of the macroeconomy as explanations for this shift. Instead, a model in which voters signal their hawkishness to observers better fits the data. The motivation for signalli...

——————————————————————————————————Scapegoating is often said to be a source of inefficiency in organizations. In this paper, I analyze the consequences of scapegoating within a firm in amodel where reputation concerns drive the actions of superiors. Consider delegation choices, for example. Hiring efficient workers may be a good idea if successful production is the only way to build reputation....

This paper presents a simple model of government reputation which captures two characteristics of policy outcomes in less developed countries: governments which betray public trust do so erratically, and, after a betrayal, public trust is regained only gradually. ∗This paper was formerly titled “Randomly Bad Government.” The author has benefited greatly from discussions with Andrew Atkeson, V.V...

This study aims to show that there is a positive relationship between Islamic intellectual capital, corporate governance, disclosure of social responsibility on the performance maqashid sharia, and this wants reputation strengthens relationship. study's sample consists 33 annual reports from 11 banking companies in Indonesia for 2016-2018 period, chosen using purposive sampling method. was test...

Purpose This paper investigates the factors crucial for small and medium enterprises (SMEs) in establishing business relationships with banks Pakistan. Design/methodology/approach To investigate how SMEs select banking using criteria, such as decision factors, decision-makers, processes, a comprehensive literature review was used to classify SMEs' bank selection. A survey questionnaire distribu...

This paper addresses reputation and familiarity as determinants of trust in online banking and examines the effects of experience as a moderator in a Latin American context. The study uses data from two countries, Chile and Bolivia that represent the highest and lowest Internet penetration in the region. The effects of reputation and familiarity on trust are supported. However, these relationsh...

The purpose of this paper is to examine the role of reputation in the matching of lead underwriters and issuing firms in the straight corporate bond market in Japan. While the existing literature already investigates how the issuing firm chooses its lead underwriter at the time of issue, this paper uses successive issues of straight corporate bonds to examine how the matching of lead underwrite...

Reputation risk as one of the most important risks in any competitive industry and market should be considered before all the risks of the enterprise which also affects other risks. This research aims to review and manage reputation risk in the framework of enterprise risk management. Considering the importance of the subject and lack of available studies in this field, the innovation of presen...

Banking activities that utilize internet media to support banking services and at the same time carry out online transactions using communication have proven be profitable make it easier for customers transactions. The purpose of this study is analyze whether e-banking moderates relationship between customer value corporate reputation examine effect service quality, product brand equity on valu...