Several factors can contribute to reputation risks:
Operational Failures: Issues such as product recalls, service outages, or data breaches can harm a company's reputation. Unethical Behavior: Actions such as fraud, corruption, or discrimination can lead to severe reputational damage. Poor Leadership: Ineffective or unethical leadership can erode trust and confidence among stakeholders. Negative Media Coverage: Adverse publicity, whether justified or not, can significantly impact the perception of a company.