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  • Article

When the Local Newspaper Leaves Town: The Effects of Local Newspaper Closures on Corporate Misconduct

By: Jonas Heese, Gerardo Pérez Cavazos and Caspar David Peter
We examine whether the local press is an effective monitor of corporate misconduct. Specifically, we study the effects of local newspaper closures on violations by local facilities of publicly listed firms. After a local newspaper closure, local facilities increase... View Details
Keywords: Corporate Misconduct; Local Newspapers; Media Coverage; Firm Monitoring; Newspapers
Related
  • 22 Oct 2021
  • News

Corporate Misconduct Increases after Local Newspapers Shut Down, Study Says

  • February 2014
  • Article

Responses to Entry in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers

By: Robert Seamans and Feng Zhu
How do firms respond to entry in multi-sided markets? We address this question by studying the impact of Craigslist, a website providing classified-advertising services, on local U.S. newspapers. We exploit temporal and geographical variation in Craigslist's entry to... View Details
Keywords: Digital Platforms; Market Entry and Exit; Internet and the Web; Newspapers; Advertising; Advertising Industry; Journalism and News Industry
Related

    Responses to Entry in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers

    How do firms respond to entry in multi-sided markets? We address this question by studying the impact of Craigslist, a website providing classified-advertising services, on local U.S. newspapers. We exploit temporal and geographical variation in Craigslist's... View Details
    • 2025
    • Working Paper

    Data-driven Technologies and Local Information Advantages in Small Business Lending

    By: Wilbur Chen, Jung Koo Kang and Aditya Mohan
    We investigate whether banks' adoption of data-driven technologies influences competitive dynamics in local small business lending by diminishing the information advantages traditionally held by local banks. Using local newspaper closures as an adverse shock to the... View Details
    Keywords: Data-driven Technologies; Local Information Advantages; Local Banks; Relationship Lending; Small Business Loans; Small Business; Local Range; Financing and Loans; Banks and Banking; Analytics and Data Science; Banking Industry
    Related
    • 28 Jan 2002
    • Research & Ideas

    Read All About It! Newspapers Lose Web War

    news, while owning the local market down to the level of PTA information and high school sports. All of these sites are separated from the core newspaper business and all of these sites have been successful... View Details
    Keywords: by Sean Silverthorne; Entertainment & Recreation; Information; Publishing
    • 08 Oct 2021
    • Research & Ideas

    How Newspaper Closures Open the Door to Corporate Crime

    Professor Jonas Heese. When local newspapers shutter, some businesses evidently treat the lack of press coverage as permission to act badly and end up committing more illegal violations, including pollution,... View Details
    Keywords: by Avery Forman
    • April 2021
    • Article

    Homing and Platform Responses to Entry: Historical Evidence from the U.S. Newspaper Industry

    By: K. Francis Park, Robert Seamans and Feng Zhu
    We examine how heterogeneity in customers’ tendencies to single-home or multi-home affects a platform’s competitive responses to new entrants in the market. We first develop a formal model to generate predictions about how a platform will respond. We then empirically... View Details
    Keywords: Single-homing; Multi-homing; Platform Responses; Newpaper; Television; Digital Platforms; Market Entry and Exit; Newspapers; Television Entertainment; History; Journalism and News Industry; Media and Broadcasting Industry
    Related
    • 01 Sep 2017
    • News

    Read All About It: Journalism Can Be Profitable

    Wirecutter, earlier this year—what’s next for media companies? Do you see hope for the local newspaper that is not the New York Times or the Wall Street Journal? Our country needs a healthy View Details
    Keywords: April White; New York Times; newspapers; Google; Wirecutter; social media; Facebook; News, Library, Internet, and Other Services; Information
    • 08 Jul 2019
    • Research & Ideas

    Are Paywalls Saving Newspapers?

    community newspapers are able to leverage their unique local content to make a digital paywall strategy advantageous, despite lacking the circulation and resources of the major View Details
    Keywords: by Kristen Senz; Journalism & News; Media & Broadcasting
    • 03 Jan 2022
    • News

    A Green Light for Corruption

    • 2011
    • Article

    The Causal Impact of Media in Financial Markets

    By: Christopher Parsons and J. Engelberg
    Disentangling the causal impact of media reporting from the impact of the events being reported is challenging. We solve this problem by comparing the behaviors of investors with access to different media coverage of the same information event. We use zip codes to... View Details
    Keywords: Media; Financial Markets
    Related
    • October 1996 (Revised April 1997)
    • Case

    Tweeter etc.

    By: John T. Gourville and George Wu
    In the early 1990s, Tweeter etc., a small regional retailer of higher-end audio and video equipment, faced increasing competitive pricing pressures from several large regional and national consumer electronics chains. In response, in 1993, they introduced "Automatic... View Details
    Keywords: Advertising; Customer Focus and Relationships; Price; Market Entry and Exit; Supply Chain Management; Competition; Electronics Industry; Retail Industry
    Related
    • 15 Feb 2011
    • First Look

    First Look: Feb. 15

    each complementing the other. Government Advertising and Media Coverage of Corruption Scandals Authors:Rafael Di Tella and Ignacio Franceschelli Publication:American Economic Journal: Applied Economics (forthcoming) Abstract : We construct measures of the extent to... View Details
    Keywords: Sean Silverthorne
    • 01 May 2012
    • First Look

    First Look: May 1

    Good News: CSR Strategy and Newspaper Coverage of Negative Firm Events Authors: Jiao Luo, Stephan Meier, and Felix Oberholzer-Gee Abstract One of the benefits of Corporate Social Responsibility (CSR) programs, it has been argued, is that... View Details
    Keywords: Carmen Nobel
    • 17 Apr 2012
    • First Look

    First Look: April 17

    secular trend for India's manufacturing urbanization has slowed down, the localized importance of education and infrastructure have not. Our results suggest that districts with better education and infrastructure have experienced a faster... View Details
    Keywords: Carmen Nobel
    • Web

    Accounting & Management - Faculty & Research

    technologies influences competitive dynamics in local small business lending by diminishing the information advantages traditionally held by local banks. Using local View Details
    • 11 Dec 2007
    • First Look

    First Look: December 11, 2007

    expectations to businesspeople. He also published forecasts through syndicated newspaper columns and made public pronouncements on the future of the economy—including a notorious statement on the eve of the October 1929 stock-market crash... View Details
    Keywords: Martha Lagace
    • 10 Oct 2023
    • Research & Ideas

    In Empowering Black Voters, Did a Landmark Law Stir White Angst?

    mobilization is factored in, this gain is reduced by 90 percent, down to as little as 0.3 percentage points. The researchers also tracked local newspapers and found that the first Black elected official was... View Details
    Keywords: by Rachel Layne
    • 17 Jun 2008
    • First Look

    First Look: June 17, 2008

    http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=608138 Tribune Company, 2007 Harvard Business School Case 208-148 This case describes the proposed acquisition of Tribune Company by Sam Zell in 2007. Tribune Company is one of the largest View Details
    Keywords: Martha Lagace