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祝贺我院教师Gunchang Kim在著名国际期刊《Management Science》发表研究成果

2023-11-27 16:32  点击:[]



祝贺西南财经大学金融研究院Gunchang Kim副教授在著名国际期刊《Management Science》(英译:《管理科学》)与美国罗格斯大学Simi Kedia教授发表论文 “lmpact of Media Ownership on News Coverage”(英译:《媒体所有权对新闻报道的影响》)。


题目:lmpact of Media Ownership on News Coverage(媒体所有权对新闻报道的影响)


作者:Simi Kedia(罗格斯大学)、Gunchang Kim (西南财经大学金融研究院)


摘要:

This paper examines whether ownership by media conglomerates impacts business news reporting. To address this question, we take advantage of a unique setting when in 2007 the ownership of The Wall Street Journal (WSJ) was transferred to News Corp., a media conglomerate with broad business interests. We find that, after the acquisition, WSJ’s sentiment toward competitors of News Corp. became significantly negative in comparison with similar reporting conducted by The New York Times. Further, WSJ’s reporting influences stock prices and is associated with more profitable insider trading. This evidence suggests that ownership by media conglomerates likely influences the nature of business news coverage.

本文探讨了媒体集团的所有权是否会影响商业新闻报道。为了解答这个问题,我们以2007年《华尔街日报》(WSJ)的所有权转让给新闻集团(News Corp.)为例。新闻集团是一家拥有广泛商业利益的媒体集团。我们发现在收购之后,与《纽约时报》的类似报道相比,《华尔街日报》对新闻集团竞争对手的报道变的明显负面。此外,《华尔街日报》的报道会影响股票价格,并与更有利可图的内幕交易相关联。这些证据表明,媒体集团的所有权可能会影响商业新闻报道的性质。



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