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[Accepting]
Ms Yimeng Zhang (Kyoto University): Less is more: media regulation, news coverage quality and corporate governance
This paper investigates how a major media regulatory reform in China—the revocation and merger of local reporter stations affiliated with central media outlets—affects news coverage quality and corporate governance. Using a unique dataset of corporate news articles and based on a difference-in-differences approach, we find that the reform significantly promotes news coverage quality, as reflected by reduced optimistic tone bias. The effects are more pronounced for firms located geographically distant, in regions with weaker media competition, for less socially responsive newspapers, as well as...
APL
Event Date：2026.06.18
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[Accepting]
Ian Coxhead (IDE-JETRO): Local labor market effects of FDI: job growth and skills demand in Vietnam
FDI concentrated in low value-added manufacturing creates jobs in labor-abundant developing economies, but does it extend the ladder toward a knowledge economy? We investigate the net contribution of FDI to employment growth and demand for skills in Vietnam, using labor force survey data from the recent era of rapid investment and GDP growth. Our estimates of the local FDI employment multiplier fall between 0.93 and 1.05. Decomposing the multiplier by industry and worker characteristics reveals that while the skill mix of FDI job creation broadly reflects that of the existing labor force, its ...
APL
Event Date：2026.06.11
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[Accepting] Ms Yimeng Zhang (Kyoto University): Less is more: media regulation, news coverage quality and corporate governance This paper investigates how a major media regulatory reform in China—the revocation and merger of local reporter stations affiliated with central media outlets—affects news coverage quality and corporate governance. Using a unique dataset of corporate news articles and based on a difference-in-differences approach, we find that the reform significantly promotes news coverage quality, as reflected by reduced optimistic tone bias. The effects are more pronounced for firms located geographically distant, in regions with weaker media competition, for less socially responsive newspapers, as well as... APL Event Date：2026.06.18