# Reputational harm

`kaal:entity:reputational-harm`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `reputational-harm`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 1 works, 2014 to 2014.

**2014**

- [2486570-024](https://wulfkaal.github.io/claims/2486570-024) [mechanism/argued] -- The threat of bad press, reputational harm, legal costs, stock price declines, and the cost of implementing mandated governance changes can partly substitute for the weak direct incentives, pushing boards and management to optimize governance and keep the entity out of an agreement.
  > the cost of implementing N/DPA governance changes can help counteract lack- ing incentives for boards and management to optimize governance and protect the entity from entering into a N/DPA.
  Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014). SSRN: https://ssrn.com/abstract=2486570
- [2486570-031](https://wulfkaal.github.io/claims/2486570-031) [mechanism/argued] -- Corporate wrongdoers are unlikely to prefer regulation by prosecution over regulation by legislation because prosecution and execution of an agreement carry large reputational implications.
  > Because of the large reputational implications of prosecution and N/DPA execution, corporate wrongdoers are unlikely to favor "regulation by prosecution" to regulation by legislation.
  Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014). SSRN: https://ssrn.com/abstract=2486570

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/reputational-harm.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.