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Introduction : rethinking African media ownership in the digital age / Winston Mano and Loubna El Mkaouar -- Big tech's scramble for Africa : an Afrokological critique / Winston Mano -- The African "hidden media capture" / Julia Cagé & Elisa Mougin -- Perverted loyalties : media capture,...
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This paper examines the effect of a change in WSJ’s ownership in 2007 when it was acquired by News Corp., which is owned by Rupert Murdoch. We find that WSJ’s coverage of firms with board connections to News Corp. is 36.5% more positive, relative to New York Times (NYT), after its...
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We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We consider a symmetric cross-ownership structure in which a subset of k firms engage in cross-shareholding and each firm has an equal silent financial interest in the other firms,...
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In this paper, we study the effects of common ownership, the extent to which firms are linked via common owners, on employee earnings in U.S. local labor markets. Between 1999 and 2017, common ownership in local labor markets has more than doubled. Panel regressions show that employee earnings...
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