Legitimacy, reputation and status as determinants of company social position

Abstract

Legitimacy, reputation and status are regarded as a key concepts connected with social judgement of organizations. This social judgement is important for companies because it plays crucial role in shaping stakeholder behaviour and determines social and political pressure. Although legitimacy, reputation and status have different nature – institutional, economical and structural – share same antecedents and consequences. Juxtaposing legitimacy, reputation and status helps better understand similarities and differences between these three concepts and more precisely identify interrelationship among them. The article is conceptual in nature.