Reputational Risk or Risks to Reputation?
By: Wa’el Bibi, CPA, CIA, CISA
Reputation is the soul of any business. Without it there is, basically, no business. Many factors, internal and external, may lead to the destruction of reputation. These factors are called risks.
Professionals have been debating whether there is such thing as reputational risk (category of risk by itself), or simply there are risks to reputation .In this article, I will attempt to shed some light on these two schools of thoughts.