A Tale of Two Assets: The Effects of Firm Reputation and Celebrity on Earnings Surprises and Investors' Reactions

By Michael D. Pfarrer, Timothy G. Pollock, Violina P. Rindova. 2010

762 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/7a52e5daec0c89c2defccb399ed69974fa8316a2

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Citations in the corpus

Overcoming Institutional Voids: A Reputation-Based View of Long Run Survival (2017, background): “We thus see the development of a deeper understanding of the “liability of reputation” (Pfarrer et al. , 2010; Rhee and Haunschild, 2006), and the relationship between favorable and non-favorable reputations in emerging markets, as important areas for future research.”
Toward a Configurational Perspective on the CEO (2016, background): “With some exceptions, the CEO is generally the most powerful individual in the organization (Finkelstein, 1992; Pitcher & Smith, 2001).”
Narrative attributions of entrepreneurial failure (2013, background): “The firms were also ‘celebrities’ (Pfarrer et al., 2010; Rindova et al., 2006), as they all enjoyed wide and favorable international media coverage.”
A Burden of Responsibility: The Role of Social Approval at the Onset of a Crisis (2014, background): “Evaluators may have heightened standards and expectations for organizations they view positively (Burgoon, 1993; Pfarrer et al., 2010).”
Organizational Reputation: A Review (2011, background): “For example, Pfarrer et al. (2010) found that firms with higher reputations, measured as archival third-party rankings, experienced smaller stock market penalties for negative earnings surprises.”
Asset Divestment as a Response to Media Attacks in Stigmatized Industries (2014, background): “…of IM strategies, such as denying the facts, emphasizing positive organizational attributes, reframing the situation to attenuate negative perceptions, or accepting responsibility (Bansal and Clelland, 2004; Dutton and Dukerich, 1991; Elsbach and Kramer, 1996; Pfarrer, Pollock, and Rindova, 2010).”
Ready, AIM, Acquire: Impression Offsetting and Acquisitions (2015, methodology): “Following prior research, we code acquirer high reputation using annual lists of Fortune’s Most Admired and theWall Street Journal and Harris Interactive’s corporate reputation rankings (Pfarrer et al., 2010).”
Reputation and Status: Expanding the Role of Social Evaluations in Management Research (2016, background): “Numerous benefits have been associated with having high status (see Podolny [2005] for a review) or a strong reputation (see Lange, Lee, & Dai [2011] for a recent review), or both reputation and status (Ertug & Castellucci, 2013).”
Social Discrimination in the Corporate Elite (2013, background): “The results were robust to a number of variations on these measures (e.g., see Pfarrer, Pollock, and Rindova, 2010), including (1) alternative cutoffs for low earnings (e.g., earnings below the 25th, 30th, or 40th percentile of analyst forecasts), (2) a continuous measure based on the percentage…”
Portfolio Entrepreneurship in Family Firms: A Resource-based Perspective (2011, background): “Consequently, it has received considerable scholarly attention (Fombrun and Shanley, 1990; Deephouse, 2000; Pfarrer, Pollock, and Rindova, 2010).”