Abstract

In contemporary society, corporate communications are becoming an increasingly important and significant component of management. This field includes not only building an external and internal image of a company but also interacting with stakeholders and achieving business aims. This research aims to define the potential and features of company’s top officials (owners, CEOs, presidents, and other top managers) involvement in corporate communications and representing a business. It is based on the content analysis of corporate websites of the first 100 international companies from the Forbes list. The study demonstrated that most (62%) world successful firms involve their owners, CEOs, and top managers in corporate communications as speakers. At the same time, business owners appear on corporate websites less often (only 2%). CEOs engage in such communications in 47% of cases. Most often, other authorized representatives are speakers of companies (51%). A descriptive analysis of topics helped to distinguish the most common types of texts: formal ideological speeches, corporate news, corporate blog texts, and personalized corporate storytelling. Most texts are posted on corporate websites in the News chapter (28%). This suggests that news as a genre may be the most appropriate form of communication on behalf of management. Thus, some recommendations are proposed regarding the participation of top officials as speakers. From a practical point of view, companies can be guided by the outcomes of this research when deciding to engage their leaders in corporate communications.

Highlights

  • Company’s prospects largely depend on business reputation, brand perception, and loyalty of stakeholders, which can be considered valuable intangible assets

  • The content analysis defined that 62% of firms in- velop the CEO-communications concept

  • This indicates that many successful global compa- tice of corporate communications induced by total nies are aware of the importance of personification digitalization, the emergence of new media, an inin dialogue with stakeholders and consider them crease in the speed of information exchange, etc

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Summary

Introduction

Company’s prospects largely depend on business reputation, brand perception, and loyalty of stakeholders, which can be considered valuable intangible assets. Effective administration of these assets is one of the most pressing and complex management tasks throughout the world because it covers various spheres of life. Personification becomes an additional factor of people’s interest in corporate storytelling, which helps to significantly expand a target audience, gain trust, and make it loyal. All this explains why studying a company’s top officials’ communication behavior is an actual methodological and applied problem

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