Question

Discuss briefly about the role of media in ensuring corporate governance.

Answer 1

The energy in coal comes from energy that was stored in giant plants that lived hundreds of millions of years ago in swamp forests, even before the dinosaurs! When these giant plants and ferns died, they formed layers at the bottom of the swamps. Water and dirt began to pile up on top of the dead plant remains.

Answer 2

The media can play a major role in corporate governance by affecting reputation in at least three ways. ... Second, media attention could affect reputation through the standard channel that most economic models emphasise. Managers' wages in future depend on shareholders' and future employers' beliefs ...