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We knew that we needed to center our due diligence around reputational risk, potential litigation, and client relationships.
While study after study documents the premium that boards of directors and senior executives put on reputational strategy, few companies in any market sector have effectively built process around reputational strategy.
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The real risk is reputational.
The reputational issue around Fed borrowing is why a number of banks borrowed from the Fed during the financial crisis and went to great lengths to hide the fact.
Its share price plummeted and Mr Paulson sold his stake, dealing his fund a reputational blow and around $500m in losses.
Arts Council England was due to pay the Poetry Society's quarterly grant payment of £78,499 in July, but has delayed it until the society addresses ACE's "concerns around governance, management and leadership, reputational risk and reasonable care".
Leaders with a wider range of professional backgrounds provide higher education institutions with new insights and experience, which helps them to tackle ever-evolving challenges, particularly around areas such as managing reputational risk.
Kimberly Clark turned around when it faced defections from campus customers and reputational damage.
Now, the recent rise of water risk tool launches suggest that the business community is waking up to the physical, reputational, regulatory, and litigation risks around freshwater availability in a warming world.
Ms. Edkins at BlackRock characterized such proposals as micromanaging but said, "We believe it is the responsibility of the board to ensure there is a robust process around any type of spending that has a reputational impact on the firm".
During such an extended period, political speculation and debate will continue to swirl around the Supreme Court, with significant risk of further reputational damage to the Court.
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