Corporate Governance: Principles, Policies and Practices, 3e

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The Role of the Media in Ensuring Corporate Governance

Chapter Outline

• Introduction
• The Board of Directors
• Corporate Governance and the Press
• Ethics in Advertising
• Adverse Effects of Advertising
• Some of the Leading Media Intervention in Corporate Governance
• Shareholder Activists and Press

Introduction

Media is a powerful tool in making and unmaking entities in a democratic system. It is the fourth powerful pillar of democracy and therefore, it is often referred as fourth estate. Media has often played the role of a friend, a philosopher, a guide and a critic of corporate entities. Its role is very pervasive in every corporate functioning. Media’s role as an external whistleblower has been proved in many corporate failures in India. In ...