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Banklash

How Media Coverage of Bank Scandals Moves Mass Preferences on Financial Regulation

Bibliographic Data

ID7608482
AuthorsP D Culpepper (0000-0001-6227-0813, University of Oxford, corresponding author), Jae-Hee Jung (0000-0002-3032-4992, University of Houston), Jae‐hee Jung (University of Houston), Taeku Lee (0000-0002-5143-7654, Harvard University)
Year2024
Volume68
Issue2
Pages427-444
Publication date2024-04-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Political Science (JOURNAL)
Journal identifiersISSN: 0092-5853 • E-ISSN: 1540-5907
PublisherWiley (PUBLISHER • GB)
DOI10.1111/ajps.12752
OpenAlexW4319835578
LanguageEN
Citations received8
References cited64

Financial regulation is often adopted in the wake of scandals and crises. Yet political science has little to say about the political effects of corporate scandals. We break that silence, asking whether exposure to news coverage of bank scandals changes the preferences of voters for financial regulation. Drawing from the literatures on media influence and public opinion, we argue that news coverage of bank scandals should increase voters’ appetite for regulation. We test our hypothesis with data from six countries, using original nationally representative panel surveys with embedded experiments (total N = 27,673). Our pooled and country‐specific analyses largely support our expectation that exposure to news coverage of scandals increases regulatory preferences. We reproduce this finding in a separate survey wave, using different scandals than in our original analysis. These results contribute to studies on media influence on public opinion, the political significance of scandals, and the political economy of regulation

Business · Economics · Mass media · Media coverage · Media studies · News media · Political economy · Political science · Politics · Public opinion · Silence · Sociology · Electoral Systems and Political Participation · Law · Media Influence and Politics · Political Influence and Corporate Strategies

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Unique citing works8
Citations per year4
Citation span2024 - 2026 (3)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 8

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