Reputation Samsung has suffered

International consulting company Reputation Institute, which in the previous two years puts Samsung in first place in the ranking of the most respected technology companies in the U.S., has published a new report.

The rankings take into account the governance structure of the companies, social influence and the attitude of the employees. The authors of the study said that Samsung has entered a very steep dive among all companies in this list, falling in the ranking of corporate social responsibility in 89 position. Its competitors LG has taken the 76th place.

The main reason is the scandal with the Vice President and actual leader of the company Samsung Electronics. Jay Lee (Lee Jae-yong or Jay Y. Lee), who was charged with bribery and embezzlement of corporate funds, was recently sentenced to imprisonment for a period of 5 years.

Also, the authors did not forget last year’s history with review Galaxy Note7 from the market: «This proves that the reputation earned over the years, may suffer in the blink of an eye».



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