Reputational risk as a logic of organizing in late modernity
Power, Michael, Scheytt, Tobias, Soin, Kim and Sahlin, Kerstin (2009) Reputational risk as a logic of organizing in late modernity. Organization Studies, 30 (2-3). pp. 301-324. ISSN 0170-8406 (print), 1741-3044 (online)Full text not available from this repository.
This paper argues that it is useful to regard ‘reputational risk’ as a pervasive logic of organizing and organizational attention. First, we suggest that the risk management agenda has expanded from its roots in technical analysis to become a cornerstone of good governance and responsible actorhood. We illustrate this claim in the context of English universities. Second we suggest that this expansion in the reach and significance of risk management has increased organizational orientations to reputational risk and to more defensively and legalistically framed forms of asset management. Specifically, organizations are responding to the growth of external bodies which evaluative and rank, and thereby generate reputational risk. In the context of universities, we argue that this leads both to specific transformations in organizational practices in response to ranking systems, and also to an increased generalised concern with reputational risk, which is a symptom of late modern insecurity.
|Uncontrolled Keywords:||ranking, risk management, reputational risk, late modernity, regulation, university|
|Subjects:||H Social Sciences > H Social Sciences (General)|
H Social Sciences > HF Commerce > HF5601 Accounting
L Education > LB Theory and practice of education > LB2300 Higher Education
|School / Department / Research Groups:||School of Business|
School of Business > Department of Accounting & Finance
|Last Modified:||16 May 2012 16:53|
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