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Stock impact report

Managing Risk: Reputation events twice as costly for companies since rise of social media

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: PR Newswire
LONDON, Aug. 16, 2018 /PRNewswire/ -- Reputation events, such as cyber attacks, have a direct impact on share price, according to the findings of a new report released today by Pentland Analytics with Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions.The 2018 Reputation Risk in the Cyber Age study looked at 125 reputation events during the last decade, measuring the impact on shareholder value over the course of the following year. The report found that since the introduction of social media, the impact of reputation events on stock prices has doubled. In the wake of a crisis, the size of a company and the strength of its reputation did little to protect against the loss of value."Although risk management awareness and tools have evolved, reputation risk continues to weigh on corporate executives as one of their leading concerns. For the past 10 years, reputation risk has occupied one of the top spots on Aon's bi-annu Show less Read more
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