We examine the role of voluntary corporate press releases about firms' financial performance as a stimulus for financial media coverage. We find that there is a spike of media articles on the same day and one trading day following firms' press releases. We provide evidence that managers compete...

Applying a combination of quantitative and qualitative methods, we investigate whether Russian blogs represent an alternative public sphere distinct from web-based Russian government information sources and the mainstream media. Based on data collected over a one-year period (December 2010...

We set out to explore the consequences of a new encounter between Israeli lawyers and PR people. This encounter occurred within a pre-existing barter economy between lawyers and legal journalists, composed of embedded and direct social ties. Using in-depth interviews and extensive archival...

This study examines whether firms’ political activism induces bias in the media’s coverage of earnings announcements and how such coverage impacts markets. We infer firm political ideology based on employee political contributions, and identify firm and manager characteristics associated...