@article{e2daf3a2f2584620a3159658b0a2bc90,
title = "Meet the press: Survey evidence on financial journalists as information intermediaries",
abstract = "We survey 462 financial journalists and conduct 18 interviews to obtain insights on the inputs to their reporting, the incentives they face, and the factors that influence their coverage decisions. We report many findings relevant to the accounting literature and identify multiple avenues for future research. For example, financial journalists say the likelihood they write about a specific company or CEO increases when the company is controversial or the CEO has a colorful personality, suggesting journalists gravitate toward provocative topics. We also find that financial journalists routinely use company-issued disclosures and private phone calls with company management when developing articles, and that they believe they are evaluated primarily on the accuracy, timeliness, and depth of their articles. Journalists also believe monitoring companies to hold them accountable is one of financial journalism's most important objectives, but they often face negative consequences for writing articles that portray companies in an unfavorable light.",
keywords = "Business press, Financial analysts, Financial journalists, Information intermediaries, Media, Social media",
author = "Call, {Andrew C.} and Emett, {Scott A.} and Eldar Maksymov and Sharp, {Nathan Y.}",
note = "Funding Information: We thank Bob Holthausen (editor) and Greg Miller (referee) for helpful comments and suggestions. This paper has also benefited from helpful feedback from Scott Asay, Elizabeth Blankespoor, Mike Drake, Jeremiah Green, Yahaira Jacquez, Andrew Leckey, Christina Leonard, Ethan Rouen, Brady Twedt, Chris Yust, and workshop participants at Harvard Business School, the University of Oregon, the Illinois Young Scholars Research Symposium, and the 2018 Texas A&M University Accounting Former Doctoral Student Conference. We received excellent research assistance from Bailee Cowart, Morgan Eckert, Rachel Flam, Ali Kassam, Zachary Martin, Jamel Rosemond, Anibal Sanchez, Karina Schmitt, Mason Snow, Mathew Tipton, and Amanda Vlasek, and we appreciate financial support from the W. P. Carey School of Business at Arizona State University and the Mays Business School at Texas A&M University. Funding Information: ? We thank Bob Holthausen (editor) and Greg Miller (referee) for helpful comments and suggestions. This paper has also benefited from helpful feedback from Scott Asay, Elizabeth Blankespoor, Mike Drake, Jeremiah Green, Yahaira Jacquez, Andrew Leckey, Christina Leonard, Ethan Rouen, Brady Twedt, Chris Yust, and workshop participants at Harvard Business School, the University of Oregon, the Illinois Young Scholars Research Symposium, and the 2018 Texas A&M University Accounting Former Doctoral Student Conference. We received excellent research assistance from Bailee Cowart, Morgan Eckert, Rachel Flam, Ali Kassam, Zachary Martin, Jamel Rosemond, Anibal Sanchez, Karina Schmitt, Mason Snow, Mathew Tipton, and Amanda Vlasek, and we appreciate financial support from the W. P. Carey School of Business at Arizona State University and the Mays Business School at Texas A&M University. Publisher Copyright: {\textcopyright} 2021 Elsevier B.V.",
year = "2022",
month = apr,
day = "1",
doi = "10.1016/j.jacceco.2021.101455",
language = "English (US)",
volume = "73",
journal = "Journal of Accounting and Economics",
issn = "0165-4101",
publisher = "Elsevier",
number = "2-3",
}