Question

Importance of media in corporate governance

Answer 1

The Role of the Media in Corporate Governance. ... Given that the media collect, aggregate, disseminate, and amplify information, and to the extent that this information affects managers' reputations, they propose that managers are sensitive to the way in which the media report and comment upon their decision

Answer 2

The Role of the Media in Corporate Governance

Because the media makes evaluations of firms and leaders, and can broadcast information to a wide audience, it has the potential to influence the reputation of firms and firm leaders in both positive and negative ways and thereby play a role in corporate governance.