Abstract

Using a text analysis of Chinese newspaper articles covering 1321 proposed mergers during 2008–2018, this study proposes attribution theory to examine how the media is susceptible to stereotype bias. Evidence reveals that the media pays considerable attention to and exhibits favourable sentiments toward overseas-experienced acquirers, which is found only in non-state-owned enterprises. Further analyses on the amplifying effect of stereotype bias show that the media slant more positively on large-scale overseas experiences. Results indicate that the media is biased, referring to impression migration from merger and acquisition experience.

Details

Title
WHY MEDIA SLANT? Media coverage of mergers and acquisitions in China
Author
Wu, Chao 1 ; Yang, Shuai 2   VIAFID ORCID Logo 

1  School of Economics and Management, Hebei University of Technology, Tianjin, P.R.China 
2  School of Business Administration, Dongbei University of Finance & Economics, Dalian, P.R.China 
Pages
1385-1402
Publication year
2022
Publication date
Dec 2022
Publisher
Taylor & Francis Ltd.
ISSN
1331677X
e-ISSN
18489664
Source type
Scholarly Journal
Language of publication
English
DOI
https://doi.org/10.1080/1331677X.2021.1965003
ProQuest document ID
2755974258
Copyright
© 2021 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This work is licensed under the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.