The independence of editorial content from advertisers' influence is a cornerstone of journalistic ethics We test whether this independence is observed in practice. We find that mutual fund recommendations are correlated with past advertising in three personal finance publications but not in two national news- papers. Our tests control for numerous fund characteristics, total advertising expenditures

Numerous empirical studies have demonstrated that asset prices react rapidly, if at all, to news published in the mass media. In many cases, the information has been discounted and prices have already moved upon primary publication through news wires, press releases or firm announcements. Any remaining information is usually quickly priced in after

This article considers how professionals \think by doing\and provides theoretical rationale for reflective practice as a model for teaching journalism. It presents a model focused on the development of graduate efficacy in the intellectual skills and understanding required of professional practitioners. The model uses critical reflection as a cognitive bridge between journalism theory and professional

The first part of this paper explores whether aggregate media coverage was different for internet IPOs as opposed to a matching sample of non-internet IPOs in the late 1990s. So we read all news items that came out between 1996 through 2000 on 458 internet IPOs and a matching

In this paper we discuss the role of the media in pressuring corporate managers and directors to behave in ways that are \socially acceptable. Sometimes this coincides with shareholders' value maximization others not. We provide both anecdotal and systematic evidence that media affect companies' policy toward the environment and the amount of corporate resources that are diverted to the sole advantage of controlling shareholders. Our results have important consequences for the focus of the corporate governance debate and for the feasibility of reforms aimed at improving corporate governance around the

Persons freedom to communicate, and their ability to do so effectively, has long been recognized as a crucial component of a society that respects human dignity and provides the conditions for humans to flourish. Government actions that suppress persons'speech and other forms of communication have been rightly subject to scrutiny and challenge Governments have also recognized the importance of affirmative steps to enhance persons opportunities for communications, such steps include improving education and supporting public forums. Communication is not only a personal and political good

Interest groups seek to influence economic activity through public and private politics. Public politics takes place in the arenas of public inst it utions, whereas private politics takes place out side public inst itutions oft en in the arena of public sentiment. Private politics refers to action by interest groups directed at private parties, as in the case of an activist group launching a campaign against a firm

The provision of mass media content over next-generation 3G mobile networks is envi- sioned as an exciting new application of new media. This paper focuses on the mobile Internet as strategic challenge for media and entertainment companies. It provides an overview of distinctive features of the mobile Internet related to personalization, time and location sensitivity, uncertainties b echnology push and market pull, and motiva- tions for engagemer

This study examines the relationship between the extent of initial public offering (IPO) underpricing and market sentiment surrounding technology issues listing on the Australian Stock Exchange(AsX) during 1999 and 2000. We consider hype surrounding these issues as reflected in the media and as reflected in the market 's sentiment towards recent offerings by similar firms We also consider the relationship between technology firms' need for follow-on offerings due to

本章重点描述了出版概念及其构成要素 出版物的概念及其结构,出版工作的基本环节及其 关系,并较为系统地阐述了出版学的研究对象、内容、学科体系以及研究方法