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  1. Media Coverage and Firm Valuation: Evidence from China.Jiwei Wang & Kangtao Ye - 2015 - Journal of Business Ethics 127 (3):501-511.
    Drawing on both a managerial discipline perspective and an information intermediary perspective, we explore how media coverage of a firm’s controlling shareholder influences firm valuation in corporate China. Using 366 listed family firms in China from 2003 to 2006, we find that firms in which controlling shareholders receive more neutral media reports enjoy higher valuation, whereas negative media reports on controlling shareholders impose adverse effects on firm valuation. Interestingly, favorable media coverage of the controlling shareholders does not enhance firm value. (...)
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  • Ethical Orientation and Judgments of Chinese Press Journalists in Times of Change.Francis L. F. Lee & Zhian di CuiZhang - 2015 - Journal of Media Ethics 30 (3):203-221.
    Against the background of media and social transformation, this study examines Chinese press journalists' ethical orientation and tolerance for ethically controversial practices. The former captures journalists' theoretical conception of ethics along a consequentialist versus absolutist spectrum; the latter speaks to journalists' ethical judgment in relation to concrete practices. Analysis of a survey of press journalists found that a substantial minority of the respondents were subscribing to ethical relativism. Different types of controversial reporting practices were tolerated to different extents. Multivariate analysis (...)
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  • State-Owned Enterprises as Bribe Payers: The Role of Institutional Environment.Liang Chen, Sali Li, Jingtao Yi & Noman Shaheer - 2019 - Journal of Business Ethics 159 (1):221-238.
    Our paper draws attention to a neglected channel of corruption—the bribe payments by state-owned enterprises. This is an important phenomenon as bribe payments by SOEs fruitlessly waste national resources, compromising public welfare and national prosperity. Using a large dataset of 30,249 firms from 50 countries, we show that, in general, SOEs are less likely to pay bribes for achieving organizational objectives owing to their political connectivity. However, in deteriorated institutional environments, SOEs may be subjected to potential managerial rent-seeking behaviors, which (...)
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  • Private Sector Corruption, Public Sector Corruption and the Organizational Structure of Foreign Subsidiaries.Michael A. Sartor & Paul W. Beamish - 2019 - Journal of Business Ethics 167 (4):725-744.
    Corporate anti-corruption initiatives can make a substantial contribution towards curtailing corruption and advancing efforts to achieve the United Nations’ Sustainable Development Goals. However, researchers have observed that underdeveloped assumptions with respect to the conceptualization of corruption and how firms respond to corruption risk impeding the efficacy of anti-corruption programs. We investigate the relationship between the perceived level of corruption in foreign host countries and the organizational structure of subsidiary operations established by multinational corporations. Foreign host market corruption is disaggregated into (...)
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