Author(s)

Yunxiao Wang

Corresponding Author

Yunxiao Wang

ABSTRACT

To study the influence mechanism of corporate governance on media attention, this paper studies the interactive effect of real earnings management and corporate environmental responsibility on media attention. Using a data set of Chinese A-share listed companies from 2014 to 2018, this paper empirically tests this interactive effect and finds that less real earnings management or higher environmental responsibility draws more media attention, and there is a reinforcement interaction of environmental responsibility and real earnings management on media attention. The results indicate that promoting the implementation of environmental responsibility and strengthen the companies’ sense of environmental responsibility can be a way for the government to supervise companies. Besides, actively playing the role of public opinion is an effective way of assessing companies for the media and companies should practically improve the moral responsibility, practicing the concept of green development.

KEYWORDS

earnings management, corporate environmental responsibility, media supervision