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小鸟读书会第二十五期:社交媒体与腐败
2018-10-09 08:06  

论文题目:Enikolopov, Ruben, Maria Petrova, and Konstantin Sonin. 2018. "Social Media and Corruption." American Economic Journal: Applied Economics, 10 (1): 150-74.  

主持:李永涛博士,转型国家经济政治研究中心助理研究员

主讲:孙静雯,国际关系学院,研究生二年级

时间:2018年10月10日,星期三,17:30-19:30

地点:蒲河校区则行楼417会议室

论文摘要

Does new media promote accountability in nondemocratic countries, where offline media is often suppressed? We show that blog posts, which exposed corruption in Russian state-controlled companies, had a negative causal impact on their market returns. For identification, we exploit the precise timing of blog posts by looking at within-day results with company-day fixed effects. Furthermore, we show that the posts are ultimately associated with higher management turnover and less minority shareholder conflicts. Taken together, our results suggest that social media can discipline corruption even in a country with limited political competition and heavily censored traditional media.

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