Identification of the theoretical aspects of enterprise reputation


Keywords: image, identity, reputation capital, assessment algorithm

Abstract

Purpose – to identify the theoretical aspects of enterprise reputation.

Design/Method/Research approach. Authors applied a structural-functional method in the course of systemic investigation and substantiation of the methodological toolset of enterprise reputation assessment and the method of logical generalization when analyzing the evolution of scientific views on the nature of the notion "reputation". The information base of this research is the monographic works and scientific publications on relevant subjects.

Findings.  Authors have substantiated the theoretical aspects of enterprise reputation, according to which the reputation of an enterprise is formed under the influence of both intangible and tangible factors. Approaches to defining reputation of an enterprise were systemized, with their new classification proposed, which distinguishes the immanent-functional, value, emotional (image), monitoring, market, and integrated approaches. Current methodological toolset of enterprise reputation assessment has been analyzed, and the scope of its application has been determined, as well as the main advantages and disadvantages. An algorithm for evaluating an enterprise reputation has been developed, in accordance with the proposed theoretical approach, a market share, and the totality of consumers values.

Practical implications.  Results of this study could form the basis for forming a policy of an enterprise concerning the activation of reputation management processes with the purpose of strategic development of the enterprise and in order  to faster meet the expectations of its stakeholders, which would provide a synergistic effect.

Originality/Value.Authors proposed to define the essence of the notion of an enterprise "reputation", which, in contrast to existing interpretations, focuses on the cognitive-contemplative characteristic of an enterprise, which is formed based on the results of comparing the totality of tangible, intangible, personal, and social values, inherent to its external and internal stakeholders; changing them in time and space indirectly affects positioning of the enterprise in the market as a result of change in the way its stakeholders perceive it.

Research limitations/Future research. Results of this study should be laid at the basis of the implementation of the proposed algorithm for assessing reputation in the process of enterprise management.

Paper type ‒ theoretical.

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Author Biographies

Inna Mykolayivna Riepina, SHEE “Kyiv National Economic University named after Vadym Hetman”, Kyiv, Ukraine

Doctor of Economic Sciences, Professor, Professor of Department of Economics and Entrepreneurship

Vita Petrivna Kovtun, SHEE “Kyiv National Economic University named after Vadym Hetman”, Kyiv, Ukraine

PhD, Associate Professor of Department of Economics and Entrepreneurship

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Published
2018-12-25
How to Cite
Riepina, I., & Kovtun, V. (2018). Identification of the theoretical aspects of enterprise reputation. European Journal of Management Issues, 26(3-4), 114-125. https://doi.org/10.15421/191812