Political Bias in Corporate News: The Role of Conglomeration Reform in China
The Journal of Law and Economics, pp. 173-207, 2017.
Using textual analyses of 1.77 million articles, we find that, through the Chinese governmentu0027s conglomeration reform that reorganizes official and nonofficial newspapers from the same locale into a news group under state control, there is an increase (decrease) in positive tone and political content in official (nonofficial) newspape...More
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