Media companies play an important role in the heated debate on corporate governance. A number of researchers argue that media has had an important lever function that helps all companies to comply with public expectations of good governance. In economic terms – the media selectively reduce the...

Ample literature argues that media is vital for the functioning of democratic public discourse and helps other firms comply with effective governance. While scholars have focused on understanding media's impact on corporate governance, they have not thoroughly investigated how media companies...