Abstract
Despite the global explosion of the business school rankings industry, the validity of current ranking systems and league tables as credible measures of business school reputation has been questioned by scholars, accreditation agencies and consumers worldwide. Critics have begun calling for more substantive assessments of educational quality and more meaningful, theory-driven strategies for studying reputation in the business school context. This paper responds to these critiques, introducing a conceptual model of business school reputation that applies recent advances in reputation theory and research to the specifics of the business school setting. The literature anchoring the model is reviewed, the variables in the model are introduced and theoretical propositions suggested. The paper concludes with discussion of the model's practical implications, an analysis of limitations and suggestions for future research.
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Notes
Reputation Institute researchers have chosen the label ‘esteem’ to represent the ‘overall reputation’ factor depicted in Figure 1. In order to differentiate this indicator, which reflects the observer's perception of how the firm is seen by others, from the ‘admiration/respect’ factor that reflects the observer's personal experience with the firm, I have renamed this factor ‘perceived public esteem’.
Regarding student stakeholders, others note that current and prospective students have different approaches to measures of business school reputation: Current students look to these measures ‘to help validate their choice’ while prospective students use them ‘to help make the right choice’ (Devinney et al., 2007: 2). In the present model, the two are considered as a single stakeholder group since their expectations of a business school would be the same.
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Vidaver-Cohen, D. Reputation Beyond the Rankings: A Conceptual Framework for Business School Research. Corp Reputation Rev 10, 278–304 (2007). https://doi.org/10.1057/palgrave.crr.1550055
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DOI: https://doi.org/10.1057/palgrave.crr.1550055