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When the Media Focuses on Environmental, Social, and Governance: Does Media Mood Affect Its Quality?

In: Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)

Author

Listed:
  • Yanan Zhao

    (Shenyang Ligong University, Department of Economics and Management)

  • Wei Zhao

    (Shenyang Ligong University, Department of Economics and Management)

Abstract

This study examines the impact of media mood on corporate ESG disclosure by analyzing a sample of A-share listed companies from 2021 to 2023. The research findings demonstrate that the quality of corporate ESG disclosure varies in response to changes in media mood and further reveal that media mood positively influences the quality of corporate ESG disclosure. Additionally, this paper confirms that the characteristics of media mood are independent regardless of whether they belong to the new media industry. The objective is to investigate how emotional characteristics portrayed in media affect the quality of ESG disclosure and provide a theoretical framework as well as practical guidance for establishing an effective ESG disclosure framework in China.

Suggested Citation

  • Yanan Zhao & Wei Zhao, 2024. "When the Media Focuses on Environmental, Social, and Governance: Does Media Mood Affect Its Quality?," Advances in Economics, Business and Management Research, in: Zhikai Wang & Guijie Zhang & R. Ganesan & Abdul Hadi Zulkafli & Teh Sin Yin (ed.), Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024), pages 293-298, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-538-6_34
    DOI: 10.2991/978-94-6463-538-6_34
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