This study examines whether firms’ political activism induces bias in the media’s coverage of earnings announcements … and how such coverage impacts markets. We infer firm political ideology based on employee political contributions, and … their coverage of earnings announcements when the political leanings of the outlet are incongruent with the political …

sensitivity of jump probability to news is stronger for firms with higher media visibility, analyst coverage, and institutional …

We study the impact of political relations on media coverage. Using a sample of 3,290 American Depository Receipts … negative coverage by the US media of the ADR firm. To alleviate endogeneity, we adopt France’s and Germany’s opposition to the …-US media coverage or such an effect not driven by firms’ US sales. We further document the three economic mechanisms underlying …

We introduce the concept of 'news entropy' to characterise the relationship between news coverage and the economy …

and natural language processing techniques, I estimate the loadings of media coverage on eight common features of firms … selection to news editors, the state-dependent coverage decisions signal risky features and hence related firms are required …

This paper aims to analyze the print media coverage of the China Pakistan Economic Corridor (CPEC) to trace the changes … weekly coverage of CPEC by national and international newspapers from the Bloomberg database over the period from 2015 to … spillover effect of print media coverage on stock market returns with respect to the China-Pakistan Economic Corridor (CPEC …

owned by Rupert Murdoch. We find that WSJ’s coverage of firms with board connections to News Corp. is 36.5% more positive …, relative to New York Times (NYT), after its acquisition. WSJ’s favorable coverage impacts stock prices that are reversed and is … associated with higher insider sales, both suggesting positive bias rather than information advantages. Media coverage after 8-K …

We show that narcissistic CEOs are willing to sacrifice compensation for media coverage. The results of our study imply … that firms with high media coverage exploit the narcissistic CEO’s desire for attention and acclaim by granting such a CEO … compensation, and the firm’s media coverage. Our results are statistically significant, robust, and economically meaningful …