"Reputational risk is the chance of a loss due to damage or a decline in your reputation.
Business reputation can be damaged by actions that are perceived to be dishonest, disrespectful or incompetent. In some cases, a decline in reputation can result in large financial losses stemming from difficulty raising capital, loss of sales and increased costs such as fines or legal fees.
The following are a few examples of reputational risks..."
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Original Source: Simplicable by John Spacey
"Reputational risk is the chance of a loss due to damage or a decline in your reputation.
Business reputation can be damaged by actions that are perceived to be dishonest, disrespectful or incompetent. In some cases, a decline in reputation can result in large financial losses stemming from difficulty raising capital, loss of sales and increased costs such as fines or legal fees.
The following are a few examples of reputational risks..."