We present the first systematic analysis of how countries cover each other in the news, using a newly constructed dataset of 55,240 media sources from 176 countries between 2015 and 2022, drawing upon a corpus of 1.4 billion online news articles. We document a pattern of global media bias:...

From a global warming perspective, an enterprise's environmental, social, and governance (ESG) performance and disclosure have received significant attention from external stakeholders, e.g., green investors. Based on agenda-setting theory, this study empirically explores how negative media...

The digital transformation of communication media has been widely adopted and has reshaped institutional investor interactions. We examine how the linguistic concreteness of investors' questions adapts to online media and face-to-face communication, using textual analysis of investor-company Q&A...

The ability of private interests to influence the political process is an important topic in economics and political science. While some of these efforts appear as campaign finance and lobbying expenditures in the official record, private interests may also engage in "covert" influence through...

How efficiently do scientific results make their way into the wider world? Applying multiple methods to the universe of hypothesis tests reported in three leading health journals between 2016 and 2022 we evidence the important role of statistical significance as a driver of popular attention to...

How efficiently do scientific results make their way into the wider world? Applying multiple methods to the universe of hypothesis tests reported in three leading health journals between 2016 and 2022 we evidence the important role of statistical significance as a driver of popular attention to...

Between 2017 and 2024, the main national stock market indices rose in the US and the five largest European economies. However, the average daily performance of all six indices turns from positive to negative when weighted by daily media coverage. A case in point is the average daily performance...

In poor countries, the interaction of early marriage, early motherhood, and low educational attainment disempowers women and limits their life opportunities. Even as countries grow richer, gender inequality is often sustained by social norms, thereby limiting welfare gains from women's...

Media content is an important privately supplied public good. While it has been shown that contributions to a public good crowd out other contributions in many cases, the issue has not been thoroughly studied for media markets yet. We show that in a standard model of commercial media bias,...

In this paper, we unveil targeted repression against journalists as an elaborate strategy used by modern autocrats to mitigate the risk of mass protests during autocratic elections—a common threat to their rule. Repression is deployed to discipline the media before elections to secure...

How does media coverage of minorities affect their rule compliance? Using data from 800,000 random audits at supermarket self-checkouts in Italy, we show that heightened refugee media coverage reduces under-reporting of items among shoppers born in major refugee-source countries, but not other...

How does the media bias the news? And in particular, how much does it cost owners to ensure that journalists comply with their stance? We compile a unique dataset of journalists and guests appearing on French television and radio shows between 2002 and 2020 to quantify the role played by...

In this paper, we unveil targeted repression against journalists as an elaborate strategy used by modern autocrats to mitigate the risk of mass protests during autocratic elections-a common threat to their rule. Repression is deployed to discipline the media before elections to secure favorable...

The relationship between private and public service media in Germany has traditionally been perceived and regulated as one of competitive coexistence and reciprocal counterbalancing. However, digital transformation and the rise of platform dominance challenge this perspective. In response, this...

Between 2017 and 2024, the main national stock market indices rose in the US and the five largest European economies. However, the average daily performance of all six indices turns from positive to negative when weighted by daily media coverage. A case in point is the average daily performance...

This hypothesis paper advances the conceptual groundwork for exploring the consumer perspective on media use and the perceived value of media. It addresses three central questions: (1) which theoretical foundations are available to build upon, (2) what relevant literature exists in this field,...

Social media affects how traditional outlets select and frame news, acting as a feedback tool for journalists. The influence of social media causes outlets to offer more homogeneous reporting and to cover a larger proportion of soft news. Social media has turned citizens into reporters, bringing...

Political polarization is an increasing global concern. Although recent research suggests that media exposure can mitigate polarization through persuasion, it is unclear whether polarized individuals are willing to engage with diverse news sources, especially in electoral autocracies where...

The spread of propaganda and misinformation from autocratic regimes is a growing concern in democracies. We study the European Union's ban on Russian state-backed news outlets after the 2022 invasion of Ukraine, analyzing 677,780 tweets from 146,633 users with a difference-in-differences design...