IDEAS home Printed from https://ideas.repec.org/a/eee/ememar/v63y2024ics1566014124001158.html
   My bibliography  Save this article

From framing to priming: How does media coverage promote ESG preferences of institutional investors

Author

Listed:
  • Li, Geling
  • Ren, Kangjun
  • Qiao, Yuhao
  • Wu, Bao

Abstract

How media coverage influences the ESG preferences of institutional investors remains an unsettled issue. We tackle this issue based on a framing-to-priming framework. By analyzing a dataset of 22,941 observations from Chinese listed firms from 2012 to 2021, we find that positive media coverage attracts institutional investors with inherent ESG preferences to invest in the firm, whereas negative media coverage discourages their investment. It implies that a screening process underpins the institutional investors' ESG preferences. Moreover, our findings indicate that analyst attention and public attention play pivotal mediating roles in the relationship between media coverage and institutional investors' ESG preferences.

Suggested Citation

  • Li, Geling & Ren, Kangjun & Qiao, Yuhao & Wu, Bao, 2024. "From framing to priming: How does media coverage promote ESG preferences of institutional investors," Emerging Markets Review, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:ememar:v:63:y:2024:i:c:s1566014124001158
    DOI: 10.1016/j.ememar.2024.101220
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1566014124001158
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ememar.2024.101220?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ememar:v:63:y:2024:i:c:s1566014124001158. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620356 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.