Fig. 3: Proportions of financial institutions and risk headings that disclosed reputational risk over time.
From: What drives reputational risk? Evidence from textual risk disclosures in financial statements
The proportion of financial institutions that disclosed reputational risk has increased significantly, meaning that more financial institutions pay attention to reputational risk. The proportion of risk headings related to reputational risk to the total risk headings is also increased, which indicates that the awareness of reputational risk, compared with other risk types, is significantly improved.
