Media Capture by Banks
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Ruben Durante & Andrea Fabiani & Luc Laeven & José-Luis Peydró, 2021. "Media capture by banks," Economics Working Papers 1817, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2022.
- Durante, Ruben & Fabiani, Andrea & Laeven, Luc & Peydro, Jose-Luis, 2022. "Media Capture by Banks," CEPR Discussion Papers 15260, C.E.P.R. Discussion Papers.
References listed on IDEAS
- Alexander Dyck & Natalya Volchkova & Luigi Zingales, 2008.
"The Corporate Governance Role of the Media: Evidence from Russia,"
Journal of Finance, American Finance Association, vol. 63(3), pages 1093-1135, June.
- Alexander Dyck & Natalya Volchkova & Luigi Zingales, 2004. "The Corporate Governance Role of the Media: Evidence from Russia," Working Papers w0054, New Economic School (NES), revised Sep 2005.
- Dyck, Alexander & Volchkova, Natalya & Zingales, Luigi, 2007. "The Corporate Governance Role of the Media: Evidence from Russia," Working Papers 07-1, University of Pennsylvania, Wharton School, Weiss Center.
- Alexander Dyck & Natalya Volchkova & Luigi Zingales, 2006. "The Corporate Governance Role of the Media: Evidence from Russia," NBER Working Papers 12525, National Bureau of Economic Research, Inc.
- Alexander Dyck & Natalya Volchkova & Luigi Zingales, 2004. "The Corporate Governance Role of the Media: Evidence from Russia," Working Papers w0054, Center for Economic and Financial Research (CEFIR), revised Sep 2005.
- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
- Diamond, Douglas W & Dybvig, Philip H, 1983. "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 401-419, June.
- Gilson, Stuart C., 1990. "Bankruptcy, boards, banks, and blockholders : Evidence on changes in corporate ownership and control when firms default," Journal of Financial Economics, Elsevier, vol. 27(2), pages 355-387, October.
- Unknown, 2014. "Media Coverage 2014," 2014: Ethics, Efficiency and Food Security: Feeding the 9 Billion, Well, 26-28 August 2014 225573, Crawford Fund.
- Ho, Po-Hsin & Chen, Hung-Kun & Lin, Chih-Yung & Chi, Che-Wei, 2016. "Does monitoring by the media improve the performance of government banks?," Journal of Financial Stability, Elsevier, vol. 22(C), pages 76-87.
- Solomon, David H. & Soltes, Eugene & Sosyura, Denis, 2014. "Winners in the spotlight: Media coverage of fund holdings as a driver of flows," Journal of Financial Economics, Elsevier, vol. 113(1), pages 53-72.
- James M. Snyder & David Strömberg, 2010.
"Press Coverage and Political Accountability,"
Journal of Political Economy, University of Chicago Press, vol. 118(2), pages 355-408, April.
- James M. Snyder, Jr. & David Strömberg, 2008. "Press Coverage and Political Accountability," NBER Working Papers 13878, National Bureau of Economic Research, Inc.
- Timothy Besley & Andrea Prat, 2006.
"Handcuffs for the Grabbing Hand? Media Capture and Government Accountability,"
American Economic Review, American Economic Association, vol. 96(3), pages 720-736, June.
- Besley, Tim & Prat, Andrea, 2002. "Handcuffs for the Grabbing Hand? Media Capture and Government Accountability," CEPR Discussion Papers 3132, C.E.P.R. Discussion Papers.
- Timothy Besley & Andrea Prat, 2005. "Handcuffs for the Grabbing Hand? Media Capture and Government Accountability," STICERD - Political Economy and Public Policy Paper Series 07, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Sendhil Mullainathan & Andrei Shleifer, 2005.
"The Market for News,"
American Economic Review, American Economic Association, vol. 95(4), pages 1031-1053, September.
- Sendhil Mullainathan & Andrei Shleifer, 2002. "Media Bias," Harvard Institute of Economic Research Working Papers 1981, Harvard - Institute of Economic Research.
- Sendhil Mullainathan & Andrei Shleifer, 2002. "Media Bias," NBER Working Papers 9295, National Bureau of Economic Research, Inc.
- Djankov, Simeon & McLiesh, Caralee & Nenova, Tatiana & Shleifer, Andrei, 2003.
"Who Owns the Media?,"
Journal of Law and Economics, University of Chicago Press, vol. 46(2), pages 341-381, October.
- Simeon Djankov & Caralee McLiesh & Tatiana Nenova & Andrei Shleifer, "undated". "Who Owns the Media?," Working Paper 19470, Harvard University OpenScholar.
- Simeon Djankov & Caralee McLiesh & Tatiana Nenova & Andrei Shleifer, 2001. "Who Owns the Media?," NBER Working Papers 8288, National Bureau of Economic Research, Inc.
- Djankov, Simeon & Caralee, McLiesh & Nenova, Tatiana & Shleifer, Andrei, 2003. "Who Owns the Media?," Scholarly Articles 3606236, Harvard University Department of Economics.
- Djankov, Simeon & McLeish, Caralee & Nenova, Tatiana & Shleifer, Andrei, 2001. "Who owns the media?," Policy Research Working Paper Series 2620, The World Bank.
- Simeon Djankov & Caralee McLiesh & Tatiana Nenova & Andrei Shleifer, 2001. "Who Owns the Media?," Harvard Institute of Economic Research Working Papers 1919, Harvard - Institute of Economic Research.
- Lily H. Fang & Joel Peress & Lu Zheng, 2014. "Does Media Coverage of Stocks Affect Mutual Funds' Trading and Performance?," The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3441-3466.
- Camelia M. Kuhnen & Alexandra Niessen, 2012.
"Public Opinion and Executive Compensation,"
Management Science, INFORMS, vol. 58(7), pages 1249-1272, July.
- Kuhnen, Camelia M. & Niessen, Alexandra, 2010. "Public opinion and executive compensation," CFR Working Papers 08-09 [rev.], University of Cologne, Centre for Financial Research (CFR).
- Kenneth R. Ahern & Denis Sosyura, 2014. "Who Writes the News? Corporate Press Releases during Merger Negotiations," Journal of Finance, American Finance Association, vol. 69(1), pages 241-291, February.
- Milena Djourelova & Ruben Durante & Gregory J. Martin, 2021. "The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist," CESifo Working Paper Series 9090, CESifo.
- Alexander Hillert & Heiko Jacobs & Sebastian Müller, 2014. "Media Makes Momentum," The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3467-3501.
- MARTIN, GREGORY J. & McCRAIN, JOSHUA, 2019. "Local News and National Politics," American Political Science Review, Cambridge University Press, vol. 113(2), pages 372-384, May.
- Mitchell A. Petersen & Raghuram G. Rajan, 1995.
"The Effect of Credit Market Competition on Lending Relationships,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 407-443.
- Mitchell A. Petersen & Raghuram G. Rajan, 1994. "The Effect of Credit Market Competition on Lending Relationships," NBER Working Papers 4921, National Bureau of Economic Research, Inc.
- Matthew Gentzkow & Jesse M. Shapiro, 2010.
"What Drives Media Slant? Evidence From U.S. Daily Newspapers,"
Econometrica, Econometric Society, vol. 78(1), pages 35-71, January.
- Matthew Gentzkow & Jesse M. Shapiro, 2006. "What Drives Media Slant? Evidence from U.S. Daily Newspapers," NBER Working Papers 12707, National Bureau of Economic Research, Inc.
- Ruben Durante & Brian Knight, 2012.
"Partisan Control, Media Bias, And Viewer Responses: Evidence From Berlusconi'S Italy,"
Journal of the European Economic Association, European Economic Association, vol. 10(3), pages 451-481, May.
- Ruben Durante & Brian Knight, 2009. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi's Italy," NBER Working Papers 14762, National Bureau of Economic Research, Inc.
- Ruben Durante & Brian Knight, 2012. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi’s Italy," SciencePo Working papers Main hal-03600693, HAL.
- Ruben Durante & Brian Knight, 2012. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi’s Italy," Post-Print hal-03600693, HAL.
- Casey Dougal & Joseph Engelberg & Diego García & Christopher A. Parsons, 2012. "Journalists and the Stock Market," The Review of Financial Studies, Society for Financial Studies, vol. 25(3), pages 639-679.
- Jonathan Reuter & Eric Zitzewitz, 2006.
"Do Ads Influence Editors? Advertising and Bias in the Financial Media,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(1), pages 197-227.
- Jonathan Reuter & Eric Zitzewitz, 2005. "Do Ads Influence Editors? Advertising and Bias in the Financial Media," Finance 0501003, University Library of Munich, Germany.
- David H. Solomon, 2012. "Selective Publicity and Stock Prices," Journal of Finance, American Finance Association, vol. 67(2), pages 599-638, April.
- Umit G. Gurun & Alexander W. Butler, 2012. "Don't Believe the Hype: Local Media Slant, Local Advertising, and Firm Value," Journal of Finance, American Finance Association, vol. 67(2), pages 561-598, April.
- Julia Cage & Olivier Godechot & Etienne Fize & Maria Camila Porras, 2017. "Who Owns the Media?," SciencePo Working papers hal-03612863, HAL.
- Julia Cage & Olivier Godechot & Etienne Fize & Maria Camila Porras, 2017.
"Who Owns the Media?,"
Working Papers
hal-03612863, HAL.
- Julia Cage & Olivier Godechot & Etienne Fize & Maria Camila Porras, 2017. "Who Owns the Media?," SciencePo Working papers Main hal-03612863, HAL.
- Adam Szeidl & Ferenc Szucs, 2021.
"Media Capture Through Favor Exchange,"
Econometrica, Econometric Society, vol. 89(1), pages 281-310, January.
- Szeidl, Adam & Szucs, Ferenc, 2017. "Media Capture through Favor Exchange," CEPR Discussion Papers 11875, C.E.P.R. Discussion Papers.
- Robert Seamans & Feng Zhu, 2014. "Responses to Entry in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers," Management Science, INFORMS, vol. 60(2), pages 476-493, February.
- Rafael Di Tella & Ignacio Franceschelli, 2011.
"Government Advertising and Media Coverage of Corruption Scandals,"
American Economic Journal: Applied Economics, American Economic Association, vol. 3(4), pages 119-151, October.
- Rafael Di Tella & Ignacio Franceschelli, 2009. "Government Advertising and Media Coverage of Corruption Scandals," NBER Working Papers 15402, National Bureau of Economic Research, Inc.
- Denis, David J. & Wang, Jing, 2014. "Debt covenant renegotiations and creditor control rights," Journal of Financial Economics, Elsevier, vol. 113(3), pages 348-367.
- repec:hal:spmain:info:hdl:2441/5ej8oq8p589tbq524jeiieb7cl is not listed on IDEAS
- Joseph E. Engelberg & Christopher A. Parsons, 2011. "The Causal Impact of Media in Financial Markets," Journal of Finance, American Finance Association, vol. 66(1), pages 67-97, February.
- Houston, Joel F. & Lin, Chen & Ma, Yue, 2011. "Media ownership, concentration and corruption in bank lending," Journal of Financial Economics, Elsevier, vol. 100(2), pages 326-350, May.
- Greg Nini & David C. Smith & Amir Sufi, 2012. "Creditor Control Rights, Corporate Governance, and Firm Value," The Review of Financial Studies, Society for Financial Studies, vol. 25(6), pages 1713-1761.
- Sendhil Mullainathan & Andrei Shleifer, 2005.
"The Market for News,"
American Economic Review, American Economic Association, vol. 95(4), pages 1031-1053, September.
- Mullainathan, Sendhil & Shleifer, Andrei, 2005. "The Market for News," Scholarly Articles 33078973, Harvard University Department of Economics.
- Donald P. Morgan, 2002. "Rating Banks: Risk and Uncertainty in an Opaque Industry," American Economic Review, American Economic Association, vol. 92(4), pages 874-888, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Louis-Sidois, Charles & Mougin, Elisa, 2023. "Silence the media or the story? Theory and evidence of media capture," European Economic Review, Elsevier, vol. 158(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Emanuele Bajo & Marco Bigelli & Carlo Raimondo, 2020. "Ownership ties, conflict of interest, and the tone of news," European Financial Management, European Financial Management Association, vol. 26(3), pages 560-578, June.
- Baloria, Vishal P. & Heese, Jonas, 2018. "The effects of media slant on firm behavior," Journal of Financial Economics, Elsevier, vol. 129(1), pages 184-202.
- Bajo, Emanuele & Raimondo, Carlo, 2017. "Media sentiment and IPO underpricing," Journal of Corporate Finance, Elsevier, vol. 46(C), pages 139-153.
- Friebel, Guido & Heinz, Matthias, 2014.
"Media slant against foreign owners: Downsizing,"
Journal of Public Economics, Elsevier, vol. 120(C), pages 97-106.
- Friebel, Guido & Heinz, Matthias, 2012. "Media Slant Against Foreign Owners: Downsizing," IZA Discussion Papers 6859, Institute of Labor Economics (IZA).
- Friebel, Guido & Heinz, Matthias, 2012. "Media slant against foreign owners: Downsizing," CEPR Discussion Papers 9192, C.E.P.R. Discussion Papers.
- Buehlmaier, Matthias M. M. & Zechner, Josef, 2016. "Financial media, price discovery, and merger arbitrage," CFS Working Paper Series 551, Center for Financial Studies (CFS).
- Gambaro, Marco & Puglisi, Riccardo, 2015.
"What do ads buy? Daily coverage of listed companies on the Italian press,"
European Journal of Political Economy, Elsevier, vol. 39(C), pages 41-57.
- Marco GAMBARO & Riccardo PUGLISI, 2009. "What do ads buy? Daily coverage of listed companies on the Italian press," Departmental Working Papers 2009-36, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Marco Gambaro and Riccardo Puglisi, 2010. "What Do Ads Buy? Daily Coverage of Listed Companies on the Italian Press," RSCAS Working Papers 2010/26, European University Institute.
- Jacobs, Heiko, 2020. "Hype or help? Journalists’ perceptions of mispriced stocks," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 550-565.
- Graham Beattie & Ruben Durante & Brian Knight & Ananya Sen, 2021.
"Advertising Spending and Media Bias: Evidence from News Coverage of Car Safety Recalls,"
Management Science, INFORMS, vol. 67(2), pages 698-719, February.
- Graham Beattie & Ruben Durante & Brian Knight & Ananya Sen, 2017. "Advertising Spending and Media Bias: Evidence from News Coverage of Car Safety Recalls," NBER Working Papers 23940, National Bureau of Economic Research, Inc.
- Kinght, Brian & Beattie, Graham & Sen, Ananya, 2017. "Advertising Spending and Media Bias: Evidence from News Coverage of Car Safety Recalls," CEPR Discussion Papers 12366, C.E.P.R. Discussion Papers.
- Goldman, Eitan & Gupta, Nandini & Israelsen, Ryan, 2024. "Political polarization in financial news," Journal of Financial Economics, Elsevier, vol. 155(C).
- Ruben Durante & Brian Knight, 2012.
"Partisan Control, Media Bias, And Viewer Responses: Evidence From Berlusconi'S Italy,"
Journal of the European Economic Association, European Economic Association, vol. 10(3), pages 451-481, May.
- Ruben Durante & Brian Knight, 2009. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi's Italy," NBER Working Papers 14762, National Bureau of Economic Research, Inc.
- Ruben Durante & Brian Knight, 2012. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi’s Italy," Post-Print hal-03600693, HAL.
- Ruben Durante & Brian Knight, 2012. "Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi’s Italy," SciencePo Working papers Main hal-03600693, HAL.
- Rafael Di Tella & Ignacio Franceschelli, 2011.
"Government Advertising and Media Coverage of Corruption Scandals,"
American Economic Journal: Applied Economics, American Economic Association, vol. 3(4), pages 119-151, October.
- Rafael Di Tella & Ignacio Franceschelli, 2009. "Government Advertising and Media Coverage of Corruption Scandals," NBER Working Papers 15402, National Bureau of Economic Research, Inc.
- Strömberg, David & Prat, Andrea, 2011. "The Political Economy of Mass Media," CEPR Discussion Papers 8246, C.E.P.R. Discussion Papers.
- Petrova, Maria, 2011.
"Newspapers and Parties: How Advertising Revenues Created an Independent Press,"
American Political Science Review, Cambridge University Press, vol. 105(4), pages 790-808, November.
- Maria Petrova, 2009. "Newspapers and Parties: How Advertising Revenues Created an Independent Press," Working Papers w0131, Center for Economic and Financial Research (CEFIR).
- Maria Petrova, 2009. "Newspapers and Parties: How Advertising Revenues Created an Independent Press," Working Papers w0131, New Economic School (NES).
- Bonsall, Samuel B. & Green, Jeremiah & Muller, Karl A., 2020. "Market uncertainty and the importance of media coverage at earnings announcements," Journal of Accounting and Economics, Elsevier, vol. 69(1).
- Liao, Rose & Wang, Xinjie & Wu, Ge, 2021. "The role of media in mergers and acquisitions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 74(C).
- Brian Knight & Ana Tribin, 2022.
"Opposition Media, State Censorship, and Political Accountability: Evidence from Chavez’s Venezuela,"
The World Bank Economic Review, World Bank, vol. 36(2), pages 455-487.
- Brian Knight & Ana Tribin, 2019. "Opposition Media, State Censorship, and Political Accountability: Evidence from Chavez's Venezuela," NBER Working Papers 25916, National Bureau of Economic Research, Inc.
- Brian Knight & Anna Tribin, 2020. "Opposition Media, State Censorship, and Political Accountability:Evidence from ChavezÃs Venezuela," Working Papers 2020-02, Brown University, Department of Economics.
- Jia, Ming & Ruan, Hongfei & Zhang, Zhe, 2017. "How rumors fly," Journal of Business Research, Elsevier, vol. 72(C), pages 33-45.
- Maria Battaggion & Alessandro Vaglio, 2015. "Watchdogs, Platforms and Audience: An Economic Perspective on Media Markets," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(2), pages 209-228, June.
- Heese, Jonas & Pérez-Cavazos, Gerardo & Peter, Caspar David, 2022. "When the local newspaper leaves town: The effects of local newspaper closures on corporate misconduct," Journal of Financial Economics, Elsevier, vol. 145(2), pages 445-463.
- Carlini, Federico & Cucinelli, Doriana & Previtali, Daniele & Soana, Maria Gaia, 2020. "Don't talk too bad! stock market reactions to bank corporate governance news," Journal of Banking & Finance, Elsevier, vol. 121(C).
More about this item
Keywords
media bias; banks; newspapers; earnings reports; Eurozone crisis;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2022-05-23 (Banking)
- NEP-EEC-2022-05-23 (European Economics)
Statistics
Access and download statisticsCorrections
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:iza:izadps:dp15214. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Holger Hinte (email available below). General contact details of provider: https://edirc.repec.org/data/izaaade.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.