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Media narratives significantly impact foreign ownership in Africa, study finds

This research paper investigates the influence of media narratives on foreign investment in African regions. By analyzing 167,466 news articles from 2014-2019 and combining this with World Bank Enterprise Survey data, the study found a significant correlation between how media frames a location and the extent of foreign ownership. The impact varied depending on the specific themes covered in the media, with positive associations for certain frames and potential negative interactions with the investment climate. AI

RANK_REASON Academic paper analyzing a specific phenomenon using data mining and semantic analysis. [lever_c_demoted from research: ic=1 ai=0.4]

Read on arXiv cs.CL →

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Media narratives significantly impact foreign ownership in Africa, study finds

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Academic paper analyzing a specific phenomenon using data mining and semantic analysis. [lever_c_demoted from research: ic=1 ai=0.4]
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COVERAGE [1]

  1. arXiv cs.CL TIER_1 English(EN) · A. Fronzetti Colladon, R. Vestrelli, S. Bait, M. M. Schiraldi ·

    Do media narratives shape foreign ownership? Evidence from African regions

    arXiv:2403.10239v2 Announce Type: replace Abstract: Foreign investors rarely observe local business conditions directly, especially in developing economies where reliable subnational information is limited. In such contexts, media narratives may shape how investment locations are…