4339499_N14170_The Corporate Governance Role of Media on Financial Fraud_Evidence from ChinaTools FU, XUHENG (2019) 4339499_N14170_The Corporate Governance Role of Media on Financial Fraud_Evidence from China. [Dissertation (University of Nottingham only)]
AbstractThis dissertation takes Chinese A-share listed enterprises from 2009 to 2017 as a research sample. Combined with the attributes of corporate control right, this dissertation discusses the differences in the role of corporate governance brought by different classifications of media tone and media coverage platforms from the perspective of financial fraud. The results expound that enterprises with higher media exposure are less likely to commit financial fraud. In comparison to non-negative media exposure, negative media exposure are more likely to deter corporate financial fraud. In comparison to non-state-owned enterprises, traditional media attention like newspaper have a greater significant governance effect on financial fraud in state-owned enterprises. In conclusion, the results identify that media exposure could fulfill an effective function in supervising financial fraud. however, the corporate governance effect of media exposure is also influenced by classifications of media tone, media reporting topics and state ownership. The dissertation is instrumental to better understand the watchdog role of media exposure under the specific institutional background of China.
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