Media slant against foreign owners: Downsizing

被引：32
|
作者：
Friebel, Guido [1 ,2 ,3 ]
Heinz, Matthias [4 ]
机构：
[1] Goethe Univ Frankfurt, D-60323 Frankfurt, Germany
[2] CEPR, London, England
[3] IZA, Bonn, Germany
[4] Univ Cologne, Cologne, Germany
来源：
JOURNAL OF PUBLIC ECONOMICS | 2014年 / 120卷
关键词：
Media economics; Globalization; Economic xenophobia; Multi-national enterprises; Foreign direct investment; BIAS; MERGERS;
D O I：
10.1016/j.jpubeco.2014.09.001
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a unique data set from nationally distributed quality newspapers in Germany, we find evidence for both quantitative and qualitative media slant against foreign firms. A downsizing foreign firm receives almost twice as much attention as a domestic firm, and the tone of media reports is more negative. Media slant is a measure for economic xenophobia directed against foreign owners, which constitutes an obstacle to foreign direct investment. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码：97 / 106
页数：10
相关论文
共 50 条
  • [1] Foreign media slant, foreign investors, and informativeness of earnings
    Tsang, Albert
    Wang, Kun Tracy
    Zhu, Nathan Zhenghang
    REVIEW OF ACCOUNTING STUDIES, 2025, 30 (01) : 79 - 118
  • [2] Foreign media slant, foreign investors, and informativeness of earningsForeign media slant, foreign investors, and informativeness of earningsA. Tsang et al.
    Albert Tsang
    Kun Tracy Wang
    Nathan Zhenghang Zhu
    Review of Accounting Studies, 2025, 30 (1) : 79 - 118
  • [3] Foreign owners drive growth
    Anon
    Motor Ship, 2001, 82 (974):
  • [4] New media owners
    Padis, Mare-Olivier
    ESPRIT, 2014, (06) : 5 - 7
  • [5] Political connections and media slant
    Guo, Shijun
    Yu, Xin
    Faff, Robert
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2021, 74 : 58 - 80
  • [6] Pay up under foreign owners
    不详
    PROFESSIONAL ENGINEERING, 2006, 19 (08) : 13 - 13
  • [7] On systemic media for problem owners
    Boardman J.
    Systems Research Forum, 2010, 4 (01): : 1 - 32
  • [8] The influence of media slant on short sellers
    Knill, April
    Liu, Baixiao
    McConnell, John J.
    McKenzie, Glades
    JOURNAL OF CORPORATE FINANCE, 2024, 84
  • [9] The effects of media slant on firm behavior
    Baloria, Vishal P.
    Heese, Jonas
    JOURNAL OF FINANCIAL ECONOMICS, 2018, 129 (01) : 184 - 202
  • [10] WHY MEDIA SLANT? Media coverage of mergers and acquisitions in China
    Wu, Chao
    Yang, Shuai
    ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2022, 35 (01): : 1385 - 1402
12345