When Newspapers Fail to Deter Corporate Illegality (Choi and Phung 2025) | FT50 JMS

03/08/2025 30 min

Listen "When Newspapers Fail to Deter Corporate Illegality (Choi and Phung 2025) | FT50 JMS"

Episode Synopsis

English Podcast Start at 00:00:00Bengali Podcast Start at 00:15:11Hindi Podcast Start at 00:24:07🎙️✨ Welcome, listeners, to another episode of Revise and Resubmit—your favorite stop on the road to academic discovery and critical thinking! 📚🧐Today, we’re diving into uncharted territory with a research article that’s as thought-provoking as it is timely: "When Newspapers Fail to Deter Corporate Illegality: The Constraining Effects of Economic Institutions"—a brand new study by Tony Jaehyun Choi and Kam Phung. Published in the prestigious, FT50-listed Journal of Management Studies, this piece is brought to us by the esteemed Society for the Advancement of Management Studies and John Wiley & Sons Ltd, landing fresh off the press on August 1, 2025! 🌎📰Now, have you ever wondered if newspapers—those classic crusaders of public accountability—really curb bad corporate behavior? 📉🤔 Well, this research takes us on a world tour across 29 countries and uncovers some surprising twists. Despite newspapers’ best efforts to shine a spotlight on corporate wrongdoing, their power isn’t always as mighty as we might hope. Why? Turns out, if a society is laser-focused on success at any cost, or if their newspapers are tangled up with economic interests, corporate misdeeds can slip right through the cracks. And, strangely enough, it doesn’t seem to matter whether firms are all about their shareholders!So, as we dig into the complex dance between the free press, cultural pressures, and economic power, here’s what I want to know: 🌟🚦“Can newspapers ever truly serve as effective watchdogs for corporate behavior, or will economic interests always threaten to pull their leashes?”Big thanks to the authors Tony Jaehyun Choi and Kam Phung, and to the publishers at the Society for the Advancement of Management Studies and John Wiley & Sons Ltd, for this illuminating research.Before you go, don’t forget to subscribe to ‘Revise and Resubmit’ on Spotify and check out our YouTube channel “Weekend Researcher.” You can also find us on Amazon Prime and Apple Podcast—wherever you like to get your academic fix! 🎧🍏📺Stay curious, keep questioning, and let’s rewrite what we think we know about the power of the press!ReferenceChoi, T.J. and Phung, K. (2025), When Newspapers Fail to Deter Corporate Illegality: The Constraining Effects of Economic Institutions. Journal of Management Studies. https://doi.org/10.1111/joms.13273‌Youtube Channel⁠https://www.youtube.com/@weekendresearcher⁠Support us on Patreonhttps://patreon.com/weekendresearcher

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