CRR and EMR

What is Corporation Reputation Risk (CRR) ?

• The potential harm that can befall an individual, organization, or entity due to damage to their reputation

• The potential impact on a company's financial performance due to various factors.
• The potential positive impact on a company's reputation and brand image due to various factors.
• The potential impact on a company's employee satisfaction due to various factors.

What is the example of Corporation Reputation Risk ?

• A company's new advertising campaign receiving positive customer feedback.

• A company achieving record sales and revenue figures.

• A big tech company has a major data breach, and customer data gets exposed.

• A company winning an industry award for innovation.

What is the factor influencing Corporation Reputation Risk ?

• Non-business-related social or political beliefs of employees.

• Employee's personal hobbies or interests

• Irrelevant personal information about executives or employees

• Environmental performance

Which one is the impact of Corporation Reputation Risk ?

• Enhanced customer trust and loyalty.

• Legal and regulatory compliance improvements.

• Difficulty attracting and retaining employees

• Improved shareholder dividends

What is the solution to reduce Corporation Reputation Risk (CRR) ?

• Relying solely on public relations campaigns.

• Encourage an open and consistent communication with the stakeholders

• Avoiding responsibility for mistakes or issues

• Avoiding transparency and withholding information.

What is Malfeasance ?

• A bad behavior by employees, which may or not be illegal

• A wrongful or illegal acts or activities that are committed by an individual within an organization

• The act of deceiving someone, typically for financial gain or to cause them to take an action that is not in their best interest

• A behavior or action that violates an organization’s policies, standard or code of conduct

Malfeasance and Misconduct are the same thing ?

• No
• It depends
• Sometimes
• Yes

Which one is the impact of Malfeasance Employee Risk within the company ?

• Increased costs for a company

• Stronger Regulatory Compliance

• Destroy trust among management and leadership

• Legal and regulatory compliance improvements.

What is the factor leading to Malfeasance Employee Risk ?

• Non-work-Related Interests

• Strict company policies and procedures
• Personal Relationships

• Poor communication within the company

How to overcome Malfeasance Employee Risk ?

• Establish and publicize a whistleblower protection policy

• Relying on External Auditors

• Proactive Crisis Management

• Ignoring Ethical Training