Media attention, internal control quality, and legal litigation

Weiran Tang and Maolin Tang

Finance Research Letters, 2025, vol. 73, issue C

Abstract: Using data from A-share listed companies in China from 2007 to 2021, this paper explores the relationship between media attention, corporate internal control quality, and legal litigation. The study finds that media attention significantly improves the quality of a company's internal controls. Moreover, high-quality internal controls effectively reduce the risk of legal litigation for companies. Additionally, media attention plays a significant moderating role between internal control quality and the risk of legal litigation. These findings provide important empirical evidence for corporate governance and regulatory policies.

Keywords: Media attention; Internal control; Legal litigation; Online media; Newspaper media (search for similar items in EconPapers)
JEL-codes: G34 K41 L82 M48 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324016763
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:73:y:2025:i:c:s1544612324016763

DOI: 10.1016/j.frl.2024.106647

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().