Exploring corporate reputation and crisis communication

Abstract Corporate reputation, the collective perception of company attractiveness towards stakeholders, impacts business outcomes, while effective communication strategies play a critical role in shaping and maintaining the reputation. The role of communication is highlighted during crises, crisis communication being a strategic approach to managing and mitigating the impact of unexpected or adverse events on the reputation, operations, and stakeholders. These concepts are deeply interrelated with interactive marketing. This study explores the dynamics of corporate reputation and crisis communication during a recent global crisis by combining a literature review, opinion mining, and classification analysis. This is because stakeholders rely on various information sources and engage in online discussions, which can impact the reputation, and pose new challenges. The opinion mining analysis draws from the media communication of selected stock-listed companies during a crisis. The key findings shed light on the dynamics of corporate reputation and crisis communication and the impacts on interactive marketing. Critical components of crisis communication are identified to include monitoring, tactics of responding, and response management. Linkages between these, crisis communication theories, and corporate reputation are synthesised. Indications are provided on how the crisis can affect the corporate reputation and the significance of the speed of preventive communication measures.

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Publication Details

Journal
Journal of Marketing Analytics
Published
2024-10-03
DOI
https://doi.org/10.1057/s41270-024-00353-8
Citations
18
Primary Topic
Public Relations and Crisis Communication
Type
article
Field-Weighted Citation Impact
17.23

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article

Exploring corporate reputation and crisis communication

Janne Härkönen, Kristijan Breznik, Kalle Nuortimo
18 citations
Journal of Marketing Analytics
Public Relations and Crisis Communication
17.23
article

Exploring corporate reputation and crisis communication

Janne Härkönen, Kristijan Breznik, Kalle Nuortimo
article en
18 citations

Abstract

Abstract Corporate reputation, the collective perception of company attractiveness towards stakeholders, impacts business outcomes, while effective communication strategies play a critical role in shaping and maintaining the reputation. The role of communication is highlighted during crises, crisis communication being a strategic approach to managing and mitigating the impact of unexpected or adverse events on the reputation, operations, and stakeholders. These concepts are deeply interrelated with interactive marketing. This study explores the dynamics of corporate reputation and crisis communication during a recent global crisis by combining a literature review, opinion mining, and classification analysis. This is because stakeholders rely on various information sources and engage in online discussions, which can impact the reputation, and pose new challenges. The opinion mining analysis draws from the media communication of selected stock-listed companies during a crisis. The key findings shed light on the dynamics of corporate reputation and crisis communication and the impacts on interactive marketing. Critical components of crisis communication are identified to include monitoring, tactics of responding, and response management. Linkages between these, crisis communication theories, and corporate reputation are synthesised. Indications are provided on how the crisis can affect the corporate reputation and the significance of the speed of preventive communication measures.

Journal of Marketing Analytics
University of Turku (FI), International School for Social and Business Studies (SI), College of Environmental Protection (SI), Oulu University of Applied Sciences (FI), University of Oulu (FI)
Turun Yliopisto
Openalex Percentile: Top 1%
Public Relations and Crisis Communication
17.23
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Exploring corporate reputation and crisis communication — Janne Härkönen, Kristijan Breznik, et al. · Journal of Marketing Analytics (2024) | TGRS Research Map | TGRS