Jun.-Prof. Dr. Matthias Heinz (University of Cologne):
"Media slant against foreign owners: Downsizing"
Thursday, October 30, 10:00am – 12:00pm (WiSo Modulbau, Seminar Room 3)
Using a unique data set from nationally distributed quality newspapers in Germany, we find evidence for both quantitative and qualitative media slant against foreign firms. A downsizing foreign firm receives almost twice as much attention as a domestic firm, and the tone of media reports is more negative. Media slant is a measure for economic xenophobia directed against foreign owners, which constitutes an obstacle to foreign direct investment.