Reputation Risk and Interaction Pattern of Thai Organizations in the Online Sphere

Main Article Content

Watsayut Kongchan
Parichart Sthapitanonda

Abstract

This research aims to study: 1) interaction patterns between organizations and stakeholders in the online space, 2) levels and forms of online organizational reputation risks, and 3) the relationship between organizational reputation risks and the communication and interaction patterns of organizations on online media. Utilizing a mixed-methods research, quantitative data were collected from online media through data mining to analyze reputation risks in two sample businesses using sentiment analysis. Relationships between variables were tested using Chi-square and Pearson’s Correlation Coefficient. Qualitative data were collected to analyze interaction patterns through content analysis over 181 days. Sentiment analysis accuracy was verified by three experts using IOC, and content analysis appropriateness was validated by eight organizational communication experts through in-depth interviews. Findings revealed that organizations interact almost equally with users on Facebook and Twitter, exhibiting one-way communication patterns with consistent sentiment. The communication was predominantly informative, aimed at changing attitudes and behaviors in a controlled and patterned manner, rather than facilitating opinion exchange. This led to a reduction in the level of online organizational reputation risks, with moderate to very high levels found in only 7.18% of cases. Factors influencing reputation risks included eight elements: communication channel, risk communication model, risk communication strategy, communication direction, risk communication archetype, interaction sentiment, consumer sentiment, and corporate sentiment.

Article Details

How to Cite
Kongchan, W. ., & Sthapitanonda, P. . (2024). Reputation Risk and Interaction Pattern of Thai Organizations in the Online Sphere. Journal of Modern Learning Development, 9(12), 249–266. Retrieved from https://so06.tci-thaijo.org/index.php/jomld/article/view/275446
Section
Research Article

References

ศิริชัย พงษ์วิชัย. (2552). การวิเคราะห์ข้อมูลทางสถิติด้วยคอมพิวเตอร์. กรุงเทพฯ : สำนักพิมพ์แห่งจุฬาลงกรณ์มหาวิทยาลัย.

Aula, P., & Heinonen, J. (2016). The reputable firm: How digitalization of communication is revolutionizing reputation management. Springer.

Aula, P. (2010). Social media, reputation risk and ambient publicity management. Strategy & Leadership, 38(6), 43–49.

Aula, P., & Mantere, S. (2013). Making and breaking sense: An inquiry into the reputation change. Journal of Organizational Change Management, 26(2), 340–352.

Barnett, M. L., Jermier, J. M., & Lafferty, B. A. (2006). Corporate reputation: The definitional landscape. Corporate Reputation Review, 9(1), 26–38.

Camacho, M. M. (2020). Learning about reputational risk in the era of COVID-19: Disinformation as corporate risk. Doxa Comunicacion, 31, 19-39.

Chhiato, L. (2018). Use of social networks for dissemination of information by media professionals in Mizoram (Master of Philosophy Dissertation). School of Economics, Management and Information Science, Mizoram University.

Chun, R. (2005). Corporate reputation: Meaning and measurement. International Journal of Management Reviews, 7, 91-109.

CIMA. (2007). Corporate reputation perspectives of measuring and managing a principal risk. Retrieved from www.cimaglobal.com.

COSO. (2019). Managing cyber risk in a digital age. Committee of Sponsoring Organizations of the Treadway Commission.

Dietrich, G. (2021). Why communicators must (finally) embrace the PESO model. Retrieved from https://spinsucks.com/communication/pr-pros-must-embrace-the-peso-model/

Eckert, C. (2017). Corporate reputation and reputation risk. The Journal of Risk Finance, 18(2), 145–158.

Fombrun, C. J., & van Riel, C. (1997). The reputational landscape. Corporate Reputation Review, 1(1/2), 5-13.

Forbesthailand. (2021). 17 บริษัทมหาชนไทยยอดเยี่ยมจากทำเนียบ GLOBAL 2000 ประจำปี 2023. เข้าถึง 8 มิถุนายน 2564 ที่ https://forbesthailand.com/world/global-world/17-บริษัทมหาชนไทยยอดเยี่ยมจากทำเนียบ-global-2000-ประจำปี-2023.

Hambleton, R. K., Swaminathan, H., Algina, J., & Coulson, D. B. (1978). Criterion-referenced testing and measurement: A review of technical issues and developments. Review of Educational Research, 48(1), 1–47.

Ivell, T., Seibert, H., & Marks, J. (2016). Reputation risk on the rise. Oliver Wyman.

Mitic, P. (2018). Reputation risk: Measured. International Journal of Safety and Security Engineering, 8(1), 171–180.

Non-Executive Directors’ Association (NEDA). (2021). Corporate reputation and COVID-19: The role of the non-executive director. Retrieved from https://infiniteglobal .com/app/uploads/2020/10/Corporate-Reputation-and-Covid-19_FINAL.pdf

Porritt, D. (2005). The reputational failure of financial success: The bottom-line backlash effect. Corporate Reputation Review, 8(3), 198-213.

Rovinelli, R. J., & Hambleton, R. K. (1976). On the Use of Content Specialists in the Assessment of Criterion-Referenced Test Item Validity. Tijdschrift Voor Onderwijs Research, 2, 49-60.

Schultz, H. B., & Werner, A. (2005). Reputation management. Retrieved June 30, 2022, from https://www.oxford.co.za/download_files/cws/Reputation.pdf

Terpstra, T., Enander, A., Gutteling, J., & Kuhlicke, C. (2017). Communicating disaster risk. In Science for Disaster Risk Management: Knowing better and loosing less (pp. 387-440). JRC Ispra.

Tonello, M. (2007). Reputation risk: A corporate governance perspective. SSRN Electronic Journal, 14(12), 48-86.

Van Atteveldt, W., Van der Velden, M. A. C. G., & Boukes, M. (2021). The validity of sentiment analysis: Comparing manual annotation, crowd-coding, dictionary approaches, and machine learning algorithms. Communication Methods and Measures, 15(2), 121-140.

Walker, K. (2010). A systematic review of the corporate reputation literature: Definition, measurement, and theory. Corporate Reputation Review, 12(4), 357-387.

Wardman, J. K. (2008). The constitution of risk communication in advanced liberal societies. Risk Analysis, 28(6), 1619-1637.

Xu, R., Li, H., & Xing, C. (2013). Research on information dissemination model for social networking services. International Journal of Computer Science and Application (IJCSA), 2(1), February 2013.