Media slant against foreign owners: Downsizing

被引:32
|
作者
Friebel, Guido [1 ,2 ,3 ]
Heinz, Matthias [4 ]
机构
[1] Goethe Univ Frankfurt, D-60323 Frankfurt, Germany
[2] CEPR, London, England
[3] IZA, Bonn, Germany
[4] Univ Cologne, Cologne, Germany
关键词
Media economics; Globalization; Economic xenophobia; Multi-national enterprises; Foreign direct investment; BIAS; MERGERS;
D O I
10.1016/j.jpubeco.2014.09.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a unique data set from nationally distributed quality newspapers in Germany, we find evidence for both quantitative and qualitative media slant against foreign firms. A downsizing foreign firm receives almost twice as much attention as a domestic firm, and the tone of media reports is more negative. Media slant is a measure for economic xenophobia directed against foreign owners, which constitutes an obstacle to foreign direct investment. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码:97 / 106
页数:10
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