Open AccessFinancial determinants of corporate reputation: A short-term approach
Author(s) -
Anna Blajer-Gołębiewska,
Arkadiusz Kozłowski
Publication year - 2016
Publication title -
ekonomia menedżerska/managerial economics
Language(s) - English
Resource type - Journals
eISSN - 2353-3609
pISSN - 1898-1143
DOI - 10.7494/manage.2016.17.2.179
Subject(s) - term (time) , business , reputation , finance , accounting , political science , physics , quantum mechanics , law
When observing companies listed on stock exchanges, it can be noticed that the gap between a company's book value (BV) and its market value (MV) is often significant. The fact that investors are willing to pay more for companies' assets is often explained using the concept of corporate reputation – an intangible additional asset of a company, which is worth to paying for