全球智库信息集成服务系统(G2TT): The Corporate Governance Role of the Media

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w9309
来源ID	Working Paper 9309
	The Corporate Governance Role of the Media
	Alexander Dyck; Luigi Zingales
发表日期	2002-11-04
出版年	2002
语种	英语
摘要	In this paper we discuss the role of the media in pressuring corporate managers and directors to behave in ways that are 'socially acceptable'. Sometimes this coincides with shareholders' value maximization, others not. We provide both anecdotal and systematic evidence that media affect companies' policy toward the environment and the amount of corporate resources that are diverted to the sole advantage of controlling shareholders. Our results have important consequences for the focus of the corporate governance debate and for the feasibility of reforms aimed at improving corporate governance around the world.
主题	Financial Economics ; Corporate Finance
URL	https://www.nber.org/papers/w9309
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/566925
推荐引用方式 GB/T 7714	Alexander Dyck,Luigi Zingales. The Corporate Governance Role of the Media. 2002.