Charismatic species are often reported by the media,providing information for detecting population status and public perception.To identify the number and distribution of free-living Black Swan(Cygnus atratus),a chari...Charismatic species are often reported by the media,providing information for detecting population status and public perception.To identify the number and distribution of free-living Black Swan(Cygnus atratus),a charismatic alien species in Chinese mainland and to detect the public and the media attitudes to the species,we analyzed the reports and emotional tendency from media coverage in 2000-2022 using manual reading,crawler extraction and latent Dirichlet allocation.A total of 6654 Black Swans were reported at 711 sites,including 147 individuals at 30 nature reserves.Successful breeding was reported at one-fourth of the total sites,including five nature reserves.The proportion of positive emotional tendency to Black Swans was overwhelming in the reports and was higher than that to alien species in general,suggesting that the public and the media are unaware of the risk of biological invasion.Effective management of invasive species requires the media clarifies the invasion risk of charismatic alien species.Promoting the unity between the harmfulness of abstract concept of alien species and the charisma of a specific alien species among the public help effective management.展开更多
With the development of information technology,rumors propagate faster and more widely than in the past.In this paper,a stochastic rumor propagation model incorporating media coverage and driven by Lévy noise is ...With the development of information technology,rumors propagate faster and more widely than in the past.In this paper,a stochastic rumor propagation model incorporating media coverage and driven by Lévy noise is proposed.The global positivity of the solution process is proved,and further the basic reproductive number R_(0) is obtained.When R_(0)<1,the dynamical process of system with Lévy jump tends to the rumor-free equilibrium point of the deterministic system,and the rumor tends to extinction;when R_(0)>1,the rumor will keep spreading and the system will oscillate randomly near the rumor equilibrium point of the deterministic system.The results show that the oscillation amplitude is related to the disturbance of the system.In addition,increasing media coverage can effectively reduce the final spread of rumors.Finally,the above results are verified by numerical simulation.展开更多
The appearance of rumors intensifies people’s panic and affects social stability. How to control the spread of rumors has become an important issue which is worth studying. In order to more accurately reflect the act...The appearance of rumors intensifies people’s panic and affects social stability. How to control the spread of rumors has become an important issue which is worth studying. In order to more accurately reflect the actual situation in the real world, a stochastic model incorporating media coverage and Lévy noise is proposed to describe the dynamic process of rumor propagation. By introducing two control strategies of popular science education and media coverage in an emergency event, an near-optimal control problem that minimizes the influence and control cost of rumor propagation is proposed.Sufficient conditions for near-optimal control of the model are established by using a Hamiltonian function. Then the necessary conditions for near-optimal control are obtained by using the Pontryagin maximum principle. Finally, the effect of popular science education, media coverage and Lévy noise on rumor propagation process control is verified by numerical simulation.展开更多
In this study,we find that relative to firms with less media coverage,stock price sensitivity to positive(negative)earnings surprises in earnings announcements of firms with greater media coverage is stronger(weaker)....In this study,we find that relative to firms with less media coverage,stock price sensitivity to positive(negative)earnings surprises in earnings announcements of firms with greater media coverage is stronger(weaker).This asymmetry in the effect of media coverage on stock price sensitivity to positive versus negative earnings surprises suggests that greater media coverage of earnings announcements intensifies stock price reactions to positive earnings surprises but attenuates reactions to negative earnings surprises.Moreover,we find that negative earnings news is less persistent for firms with greater media coverage.Overall,our findings support the conjecture that greater media coverage increases managers’incentive to avoid future negative news,thereby reducing the persistence of poor financial performance and weakening price reactions to negative earnings news.展开更多
When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implicatio...When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implications,targeted poverty alleviation may be an effective tool.Using data on negative media coverage of Chinese A-share private listed companies,we examine whether companies engage in targeted poverty alleviation in response to reputational crises caused by negative media coverage.We find that negative media coverage leads private companies to engage more actively and intensively in targeted poverty alleviation because of the significant increase in public attention to the bad news.These companies must urgently rebuild their positive image using targeted poverty alleviation to resolve their public opinion crisis.Further analyses suggest that original and in-depth negative media coverage is more likely to cause companies’active participation in targeted poverty alleviation.In addition,negative media coverage is more likely to lead companies to engage in targeted poverty alleviation when they are in heavily polluting industries or face greater pressure from external investors.Finally,we find that active involvement in targeted poverty alleviation helps companies improve their market reputation and thus effectively manage public relations crises caused by negative media coverage.展开更多
A type of SEIR epidemic model with media coverage and temporary immunity is investigated in this paper. The existence and uniqueness of the global positive solution with any positive initial value is proved. Under the...A type of SEIR epidemic model with media coverage and temporary immunity is investigated in this paper. The existence and uniqueness of the global positive solution with any positive initial value is proved. Under the condition R0s> 1, we prove that the disease is persistent in the mean for a long run. Furthermore, by constructing suitable Lyapunov functions, some sufficient conditions that guarantee the existence of stationary distribution are derived. We also obtain that, if the condition R0e< 1 is satisfied, then the disease is extinct with an exponential rate. As a consequence, some examples and numerical simulation are demonstrated to show the validity and feasibility of the theoretical results.展开更多
A three-dimensional compartmental model with media coverage is proposed to describe the real characteristics of its impact in the spread of infectious diseases in a given region. A piecewise continuous transmission ra...A three-dimensional compartmental model with media coverage is proposed to describe the real characteristics of its impact in the spread of infectious diseases in a given region. A piecewise continuous transmission rate is introduced to describe that media coverage exhibits its effect only when the number of the infected exceeds a certain critical level. Further, it is assumed that the impact of media coverage on the contact transmission is described by an exponential decreasing factor. Stability analysis of the model shows that the disease-free equilibrium is globally asymptotically stable if the basic reproduction number is less than unity. On the other hand, when the basic reproduction number is greater than unity and media coverage impact is sufficiently small, a unique endemic equilibrium exists, which is globally asymptotically stable.展开更多
In this work, in order to identify the most effective measure and combinations of several measures to control influenza spread, we propose an SVEIAR influenza model with imperfect vaccination, media coverage and antiv...In this work, in order to identify the most effective measure and combinations of several measures to control influenza spread, we propose an SVEIAR influenza model with imperfect vaccination, media coverage and antiviral treatment. The global dynamics of the model is explored. Sensitivity analysis of the basic reproduction number and the endemic equilibrium is conducted to evaluate the effectiveness of influenza control measures. Purthermore, an optimal control problem incorporating the three measures is formulated to design optimal control strategies for influenza. The cost-effectiveness analysis reveals that combining the three measures is the most cost-effective among the strategies considered. Numerical simulations show that media propaganda can play a dominant role in curbing influenza transmission.展开更多
Zika is an infectious disease that emerged as an epidemic in Latin America in 2015 and arrived in Ecuador at the start of 2016.This research analyzes the coverage that two national Ecuadorian newspapers gave to this s...Zika is an infectious disease that emerged as an epidemic in Latin America in 2015 and arrived in Ecuador at the start of 2016.This research analyzes the coverage that two national Ecuadorian newspapers gave to this sanitary emergency.Journals El Telégrafo and El Universo,the first one of government domain and the other one of a private company,were chosen to be studied,and interviews with journalists who reported before,during and after the epidemic,were conducted.The results showed that:In most news articles,a single source is handled,preferably the official or institutional one;that the majority of articles were about the international situation rather than local or national information;that alarm content is privileged over the preventive;and finally that the earthquake that hit the Ecuadorian coast in April 2016 weakened the coverage of Zika,even though the epidemic was at its outbreak at the time in the country.There is a need for journalists to be trained to cover these types of emergencies in order to better inform the people and follow up diseases cycles in order to arrange their own news agenda and work more on solution approaches.展开更多
This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncrati...This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007). The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.展开更多
In this study,the impact of business and financial information integration(BFⅡ)on the voluntary management earnings forecasts(VMEFs)of listed firms in China between 2008 and 2018 is investigated.Drawing on litigation...In this study,the impact of business and financial information integration(BFⅡ)on the voluntary management earnings forecasts(VMEFs)of listed firms in China between 2008 and 2018 is investigated.Drawing on litigation cost and ability signaling theories,we find that the adoption of BFⅡencourages top managers to disclose VMEFs.BFⅡfirms are identified through the textual analysis of management discussion and analysis(MD&A)reports,and the empirical results indicate that BFⅡfirms have a higher probability and frequency of issuing VMEFs than non-BFⅡfirms.The results remain robust after we identify causality by applying a propensity score matching and difference-in-differences(PSM-DID)test and use an alternate measure of BFⅡ.Further tests show that BFⅡfirms issue more accurate VMEFs and are able to issue them at an earlier stage.We also find that the positive relationship between BFⅡand VMEFs is weakened if the media expresses concern about the uncertainty of BFⅡadoption.展开更多
基金financially supported by the National Key Research and Development Program of China(Number 2022YFC2601100)。
文摘Charismatic species are often reported by the media,providing information for detecting population status and public perception.To identify the number and distribution of free-living Black Swan(Cygnus atratus),a charismatic alien species in Chinese mainland and to detect the public and the media attitudes to the species,we analyzed the reports and emotional tendency from media coverage in 2000-2022 using manual reading,crawler extraction and latent Dirichlet allocation.A total of 6654 Black Swans were reported at 711 sites,including 147 individuals at 30 nature reserves.Successful breeding was reported at one-fourth of the total sites,including five nature reserves.The proportion of positive emotional tendency to Black Swans was overwhelming in the reports and was higher than that to alien species in general,suggesting that the public and the media are unaware of the risk of biological invasion.Effective management of invasive species requires the media clarifies the invasion risk of charismatic alien species.Promoting the unity between the harmfulness of abstract concept of alien species and the charisma of a specific alien species among the public help effective management.
基金Program for Professor of Special Appointment(Eastern Scholar)at Shanghai Institutions of Higher Learning,and the Project for the Natural Science Foundation of Shanghai(Grant No.21ZR1444100)the Project for the National Natural Science Foundation of China(Grant Nos.71774111,61702331,71871144).
文摘With the development of information technology,rumors propagate faster and more widely than in the past.In this paper,a stochastic rumor propagation model incorporating media coverage and driven by Lévy noise is proposed.The global positivity of the solution process is proved,and further the basic reproductive number R_(0) is obtained.When R_(0)<1,the dynamical process of system with Lévy jump tends to the rumor-free equilibrium point of the deterministic system,and the rumor tends to extinction;when R_(0)>1,the rumor will keep spreading and the system will oscillate randomly near the rumor equilibrium point of the deterministic system.The results show that the oscillation amplitude is related to the disturbance of the system.In addition,increasing media coverage can effectively reduce the final spread of rumors.Finally,the above results are verified by numerical simulation.
基金Project supported by the Program for Professor of Special Appointment (Eastern Scholar) at Shanghai Institutions of Higher Learningthe Project for the Natural Science Foundation of Shanghai, China (Grant No. 21ZR1444100)the Project for the National Natural Science Foundation of China (Grant Nos. 72174121, 71774111, 71871144, and 71804047)。
文摘The appearance of rumors intensifies people’s panic and affects social stability. How to control the spread of rumors has become an important issue which is worth studying. In order to more accurately reflect the actual situation in the real world, a stochastic model incorporating media coverage and Lévy noise is proposed to describe the dynamic process of rumor propagation. By introducing two control strategies of popular science education and media coverage in an emergency event, an near-optimal control problem that minimizes the influence and control cost of rumor propagation is proposed.Sufficient conditions for near-optimal control of the model are established by using a Hamiltonian function. Then the necessary conditions for near-optimal control are obtained by using the Pontryagin maximum principle. Finally, the effect of popular science education, media coverage and Lévy noise on rumor propagation process control is verified by numerical simulation.
文摘In this study,we find that relative to firms with less media coverage,stock price sensitivity to positive(negative)earnings surprises in earnings announcements of firms with greater media coverage is stronger(weaker).This asymmetry in the effect of media coverage on stock price sensitivity to positive versus negative earnings surprises suggests that greater media coverage of earnings announcements intensifies stock price reactions to positive earnings surprises but attenuates reactions to negative earnings surprises.Moreover,we find that negative earnings news is less persistent for firms with greater media coverage.Overall,our findings support the conjecture that greater media coverage increases managers’incentive to avoid future negative news,thereby reducing the persistence of poor financial performance and weakening price reactions to negative earnings news.
基金National Social Science Foundation of China(22AGL013)National Natural Science Foundation of China(71802043)+2 种基金the Ministry of Education of Humanities and Social Science Project(22YJA630006)the Innovation and Talent Base of Higher Education Institutions(B20084,B21038)the Fundamental Research Funds for the Central Universities of Zhongnan University of Economics and Law(2722023EJ002).
文摘When negative media coverage causes reputational crises,companies must find suitable tools to repair their reputation and reverse their negative image.As a CSR activity with political-and livelihood-related implications,targeted poverty alleviation may be an effective tool.Using data on negative media coverage of Chinese A-share private listed companies,we examine whether companies engage in targeted poverty alleviation in response to reputational crises caused by negative media coverage.We find that negative media coverage leads private companies to engage more actively and intensively in targeted poverty alleviation because of the significant increase in public attention to the bad news.These companies must urgently rebuild their positive image using targeted poverty alleviation to resolve their public opinion crisis.Further analyses suggest that original and in-depth negative media coverage is more likely to cause companies’active participation in targeted poverty alleviation.In addition,negative media coverage is more likely to lead companies to engage in targeted poverty alleviation when they are in heavily polluting industries or face greater pressure from external investors.Finally,we find that active involvement in targeted poverty alleviation helps companies improve their market reputation and thus effectively manage public relations crises caused by negative media coverage.
基金This work was supported by NSFC under grant 61911530398Natural Science Foundation of Fujian Province of China under grant 2016J01015.
文摘A type of SEIR epidemic model with media coverage and temporary immunity is investigated in this paper. The existence and uniqueness of the global positive solution with any positive initial value is proved. Under the condition R0s> 1, we prove that the disease is persistent in the mean for a long run. Furthermore, by constructing suitable Lyapunov functions, some sufficient conditions that guarantee the existence of stationary distribution are derived. We also obtain that, if the condition R0e< 1 is satisfied, then the disease is extinct with an exponential rate. As a consequence, some examples and numerical simulation are demonstrated to show the validity and feasibility of the theoretical results.
文摘A three-dimensional compartmental model with media coverage is proposed to describe the real characteristics of its impact in the spread of infectious diseases in a given region. A piecewise continuous transmission rate is introduced to describe that media coverage exhibits its effect only when the number of the infected exceeds a certain critical level. Further, it is assumed that the impact of media coverage on the contact transmission is described by an exponential decreasing factor. Stability analysis of the model shows that the disease-free equilibrium is globally asymptotically stable if the basic reproduction number is less than unity. On the other hand, when the basic reproduction number is greater than unity and media coverage impact is sufficiently small, a unique endemic equilibrium exists, which is globally asymptotically stable.
基金Acknowledgments The work was supported by National Natural Science Foundation of China (Nos. 11261017, 11371161), and the key scientific research project of Education Department of Hubei Province of China (No. D20101902).
文摘In this work, in order to identify the most effective measure and combinations of several measures to control influenza spread, we propose an SVEIAR influenza model with imperfect vaccination, media coverage and antiviral treatment. The global dynamics of the model is explored. Sensitivity analysis of the basic reproduction number and the endemic equilibrium is conducted to evaluate the effectiveness of influenza control measures. Purthermore, an optimal control problem incorporating the three measures is formulated to design optimal control strategies for influenza. The cost-effectiveness analysis reveals that combining the three measures is the most cost-effective among the strategies considered. Numerical simulations show that media propaganda can play a dominant role in curbing influenza transmission.
文摘Zika is an infectious disease that emerged as an epidemic in Latin America in 2015 and arrived in Ecuador at the start of 2016.This research analyzes the coverage that two national Ecuadorian newspapers gave to this sanitary emergency.Journals El Telégrafo and El Universo,the first one of government domain and the other one of a private company,were chosen to be studied,and interviews with journalists who reported before,during and after the epidemic,were conducted.The results showed that:In most news articles,a single source is handled,preferably the official or institutional one;that the majority of articles were about the international situation rather than local or national information;that alarm content is privileged over the preventive;and finally that the earthquake that hit the Ecuadorian coast in April 2016 weakened the coverage of Zika,even though the epidemic was at its outbreak at the time in the country.There is a need for journalists to be trained to cover these types of emergencies in order to better inform the people and follow up diseases cycles in order to arrange their own news agenda and work more on solution approaches.
文摘This study examines the association between corporate governance mechanisms (i.e., internal corporate governance, ownership structure, and external corporate govemance) and stock investment risk (i.e., idiosyncratic risk, systematic risk, and total risk of non-financial listed firms in Thailand in 2007). The multiple regression analysis is employed to test the hypotheses, and the results suggest that firms with higher market power have lower systematic risk. It implies that firms with higher market power can reduce the unavoidable risk when compared with firms that have lower market power. Firms with more media coverage will have higher systematic risk, which indicates that firms which publish more news will have higher unavoidable risk. This research may be the first to provide the evidence of the association between corporate govemance mechanisms and stock investment risk. Interestingly still, this study has utilized the data of Thailand, which is an emerging market economy with a capital market structure different from those of the developed market economies, and the results of this study are anticipated to be applicable to other similar studies in other emerging market economies.
基金financial support from the National Natural Science Foundation of China(Grant No.71902210)the Youth Research Fund of the Ministry of Education for Humanities and Social Sciences(Grant No.19YJC630092)+2 种基金the Program for Innovation Research in Central University of Finance and Economics(Grant No.CUFE 20190111)Social Science Foundation of Guangdong Province of China(Grant No.GD19CGL05)Graduate Research and Innovation Fund Project of Central University of Finance and Economics(Grant No.20182Y006)
文摘In this study,the impact of business and financial information integration(BFⅡ)on the voluntary management earnings forecasts(VMEFs)of listed firms in China between 2008 and 2018 is investigated.Drawing on litigation cost and ability signaling theories,we find that the adoption of BFⅡencourages top managers to disclose VMEFs.BFⅡfirms are identified through the textual analysis of management discussion and analysis(MD&A)reports,and the empirical results indicate that BFⅡfirms have a higher probability and frequency of issuing VMEFs than non-BFⅡfirms.The results remain robust after we identify causality by applying a propensity score matching and difference-in-differences(PSM-DID)test and use an alternate measure of BFⅡ.Further tests show that BFⅡfirms issue more accurate VMEFs and are able to issue them at an earlier stage.We also find that the positive relationship between BFⅡand VMEFs is weakened if the media expresses concern about the uncertainty of BFⅡadoption.