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The Influence of Heuristic judgments in Social Media on Corporate Reputation: A Study in Spanish Leader Companies

Author

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  • Luis Manuel Cerdá Suárez

    (Facultad de Empresa y Comunicación, Universidad Internacional de La Rioja (UNIR), 26006 Logroño, La Rioja, Spain)

  • Jesús Perán López

    (Facultad de Empresa y Comunicación, Universidad Internacional de La Rioja (UNIR), 26006 Logroño, La Rioja, Spain)

  • Belén Cambronero Saiz

    (Facultad de Empresa y Comunicación, Universidad Internacional de La Rioja (UNIR), 26006 Logroño, La Rioja, Spain)

Abstract

From a corporate-side perspective, the communication of reputational actions and news of companies becomes critical for success. However, in communication, business, and management studies, heuristics can be understood as simple cognitive processes that allow assessments, predictions, and decisions to be made quickly and efficiently by consumers and economic agents. This aspect can sometimes lead to cognitive biases, especially when little information is available or in situations of high uncertainty. The aim of this research is to investigate the influence of heuristic judgments in social media on corporate reputation ratings obtained in Spanish leader companies. Using data collected in Spain, this paper analyzes the influence of heuristics concerning news items on corporate reputation, measured by the Monitor Empresarial de Reputación Corporativa (MERCO) Index. The main finding of this paper is that the total number of news items has a positive effect on corporate reputation, particularly in the categories of culture-values, results/image, expansion, and sponsorship/donations. Additionally, this work serves as a repository of knowledge applicable to similar situations considering the specificities of each particular case. The importance to intervene on certain variables at different levels of managerial performance is described and implications for companies are discussed in these pages.

Suggested Citation

  • Luis Manuel Cerdá Suárez & Jesús Perán López & Belén Cambronero Saiz, 2020. "The Influence of Heuristic judgments in Social Media on Corporate Reputation: A Study in Spanish Leader Companies," Sustainability, MDPI, vol. 12(4), pages 1-17, February.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:4:p:1640-:d:323785
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    1. Saidatul Rahah Hamidi & Maizatul Akmar Ismail & Shuhaida Mohamed Shuhidan & Shamsiah Abd Kadir, 2023. "Corporate Reputation in Industry 4.0: A Systematic Literature Review and Bibliometric Analysis," SAGE Open, , vol. 13(4), pages 21582440231, October.

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