Financial journalism in today’s high-frequency news and information era

Bibliographic Data

ID7477261
AuthorsNadine Strauß (0000-0002-5050-7067, University of Amsterdam, The Netherlands, corresponding author)
Year2018
Volume20
Issue2
Pages274-291
Publication date2018-01-23
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournalism (JOURNAL)
Journal identifiersISSN: 1464-8849 • E-ISSN: 1741-3001
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/1464884917753556
PMID30662364
OpenAlexW2787872268
LanguageEN
Citations received25
References cited23

This study relies on 22 expert interviews and a survey among 40 financial journalists in the United States to reassess the role of financial journalists for financial markets in today's high-frequency information and news era. Findings point to a discrepancy between the ideal active watchdog role journalists picture for themselves and their actual role enactment. Furthermore, the process of constructing and distributing financial news has been found to be self-referential within the financial system, leaving little room for alternative voices. In this sense, the influence of regular financial reporting in driving stock market prices has been found to be limited but contingent on various factors such as unexpected news, repeatedly negative reporting, or news about a merger. Eventually, facing the proliferation of online news, journalists have raised a general concern regarding the loss of journalistic values, but they also see potentials for their discipline in light of automated reporting and online news

Advertising · Business · High frequency ultrasound · Journalism · Physics · Political science · Media Influence and Politics · Media Studies and Communication · Finance

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