corporate governance and the media

12Dec08

The very centrality of media relations makes it urgent that we reconsider and reformulate our notions of corporate governance. The chapter identifies two roles for the media:

First of all, the media fulfil a monitor role, by reporting and investigating corporate activities. Thus they provide the verious stakeholders with in-depth knowledge and assessments on which they can then act. Secondly, the media serve as carriers of general models for conceptualizing corporations, management, governance and environments. In this way, the media contribute to the shaping and spreading of management trends and fashions. In neither of the two roles do the media act in isolation; rather, they mediate among many organizations that make up the densely populated governance landscape.”

Kjaer, P. et al (2007) Mediating Business: The expansion of business journalism

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