“SeaWorld said it would pay $65 million to settle claims it violated securities laws by not being upfront with investors about the effect of a documentary critical of its business, a case highlighting the challenge of managing reputational risks.”Wall Street Journal
February 19, 2020
“‘To minimize reputational—and financial—damage, senior leaders need to communicate the possibility of bad news, rather than downplay it,’ said Nir Kossovsky.”
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Reputation risk management is strategic governance, risk, and compliance.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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