The Press and the Media: New Information Intermediaries in the Capital Markets

Document Type : Review Paper

Authors

1 Assistant Professor, Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran.

2 Associate Professor of Accounting, University of Tehran

Abstract

In this article, we review the role of the press in the financial markets. It is important to identify the press coverage and their motivations role because it could have a significant impact on the decision making process. The press can reduce costs by increasing the transparency of information for traders. Also they will lead to better information by the impact on the stock prices. The Press and the Media can affect the capital markets through two separate ways. First, they could provide many information by disseminating role better than any other sources. Second, they could generate new information via creation of new content.The Press and the Media can affect the capital markets through two separate ways. First, they could provide many information by disseminating role better than any other sources. Second, they could generate new information via creation of new content.Second, they could generate new information via creation of new content.

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References

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Journal of Accounting and Social Interests
Volume 7, Issue 2 - Serial Number 25
September 2017
Pages 56-73

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History

  • Receive Date: 25 April 2016
  • Revise Date: 10 June 2017
  • Accept Date: 13 August 2016

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