"Une presse indépendante est essentielle pour un développement économique équitable : elle contribue à donner la parole aux personnes pauvres et privées de droit. Des médias autonomes participent également à l’édification de bases solides pour une société libre et transparente. Les aut
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eurs, parmi lesquels figurent quelques Prix Nobel, comme Joseph Stiglitz, ancien économiste en chef de la Banque Mondiale et le célèbre Gabriel García Márquez, étudient le rôle des médias comme garde-fous des secteurs publics et privés et la politique en matière de liberté de la presse. Ils jugent également les effets nuisibles que peut causer un journalisme irresponsable et contraire à l’éthique. Un ouvrage de réflexion pour les étudiants, les professeurs et les chercheurs en communication et pour ceux qui s'intéressent au pouvoir et à l'impact des médias." (Description de la maison d'édition)
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"Clearly as important providers of information, the media are more likely to promote better economic performance when they are more likely to satisfy three conditions: the media are independent, provide good-quality information, and have a broad reach. That is, when they reduce the natural asymmetry
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of information, as Joseph Stiglitz puts it in chapter 2, between those who govern and those whom they are supposed to serve, and when they reduce information asymmetries between private agents. Such a media industry can increase the accountability of both businesses and government through monitoring and reputational penalties while also allowing consumers to make more informed decisions.
This book cites many examples that demonstrate the value of information provided by the media. Alexander Dyck and Luigi Zingales (chapter 7) discuss how the media can pressure corporate managers and directors to behave in ways that are socially acceptable, thereby avoiding actions that will result in censure and consumer boycotts. They also report that in Malaysia, a recent survey of institutional investors and equity analysts asked which factors were most important to them in considering corporate governance and the decision to invest in publicly listed corporations. Those surveyed gave more importance to the frequency and nature of public and press comments about companies than to a host of other factors considered key in the academic debate. However, the dissemination of credible information in a timely manner depends critically on how the media business is managed and regulated. The chapters in this book document evidence on media performance and regulations in countries around the world and highlight what type of public policies and economic conditions might hinder the media in supporting economic development in poor countries." (Pages 1-2)
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